2 Bed Terraced House, R2SA, Lancaster, LA1, £612 cashflow/mo

2 months ago

R2SA
ROI: 117%
+2 photos

Cashflows

Nightly rate

£111

Occupancy

70%

Gross Rent

£2,363

 

 

Platform fees

£355

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£850

Total running costs

£1,745

Cashflow/mo

£618

 

 

Deposit

£1,275

Dressing costs

£5,000

Total Cash In

£6,275

 

 

Cashflow/yr

£7,416

ROI

118%

Payback Period

11 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£30612/240.63 miKing Street Serviced Apartments
£10812/240.69 migo2 lancaster centre hotel
£14101/250.69 miThe Sun Hotel & Bar
£11112/241.13 miCosy end terrace
£15701/251.15 miHamilton Hideaway between Lancaster & Morecambe
£11412/241.68 miLancaster Townhouse

Next Steps?

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

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