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1 Bed Flat, R2SA, Washington, NE37, £539 cashflow/mo

3 months ago

R2SA
ROI: 106%
+5 photos

Cashflows

Nightly rate

£101

Occupancy

70%

Gross Rent

£2,150

 

 

Platform fees

£323

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£750

Total running costs

£1,613

Cashflow/mo

£537

 

 

Deposit

£1,125

Dressing costs

£5,000

Total Cash In

£6,125

 

 

Cashflow/yr

£6,444

ROI

105%

Payback Period

12 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£15701/251.06 miWashington Village Apartments Garden View
£11402/241.08 miMercure Newcastle George Washington Hotel Golf & Spa
£12202/242.37 miBowes Incline Hotel
£10705/242.57 miClarion Hotel Newcastle South
£9112/242.72 miCampanile Hotel - Washington
£7502/242.73 miHoliday Inn Washington by IHG
£9212/242.99 miThe Angel View Hotel
£12612/243.05 miBirtley's Diamond 3 bed Apt sleeps 6 Guests
£9612/243.07 miBirtley's Diamond 3 bed Apt, sleeps 6 Guests
£10112/243.1 miBirtley's Amethyst, 3 bedroom Apt ,sleeps 6 Guest
£13212/243.1 miBirtley's Amethyst 3 bedroom Apt sleeps 6 Guest

Next Steps?

This deal was sourced from OpenRent. Contact the landlord/agent for a viewing now 💪

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