dealsourcr

2 Bed Flat, R2SA, Southend-on-Sea, SS1, £310 cashflow/mo

5 days ago

R2SA
ROI: 51%
+18 photos

Cashflows

Nightly rate

£133

Occupancy

70%

Gross Rent

£2,832

 

 

Platform fees

£425

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£1,550

Total running costs

£2,515

Cashflow/mo

£317

 

 

Deposit

£2,325

Dressing costs

£5,000

Total Cash In

£7,325

 

 

Cashflow/yr

£3,804

ROI

52%

Payback Period

24 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£17512/240.02 miBeautiful 2-Bed Apartment in Southend-on-Sea
£17412/240.13 miSeven Hotel
£14412/240.28 miPark Inn by Radisson Palace
£12802/240.3 miIlfracombe House Hotel - near Cliffs Pavilion
£21712/240.39 miPlush Nest - Charming One-Bedroom Flat - Southend Stays
£14202/240.39 miSouthend Serenity 2-Bedroom Flat - Southend Stays
£19705/240.39 miDeluxe Large Three Room Apartment by Southend Stays
£24812/240.39 miChic Coastal Hideaway: 2-BR Gem Southend Stays
£13812/240.44 miMuthu Westcliff Hotel (Near London Southend Airport)

Next Steps?

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

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