2 Bed Flat, R2SA, North Shields, NE29, £430 cashflow/mo

14 days ago

R2SA
ROI: 83%
+6 photos

Cashflows

Nightly rate

£98

Occupancy

70%

Gross Rent

£2,087

 

 

Platform fees

£313

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£795

Total running costs

£1,648

Cashflow/mo

£438

 

 

Deposit

£1,193

Dressing costs

£5,000

Total Cash In

£6,193

 

 

Cashflow/yr

£5,256

ROI

85%

Payback Period

15 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£8601/250.9 miDeluxe Loft Near Tynemouth
£14503/251.2 miTyne Square - historic property - modern facilities
£21801/251.22 miHost & Stay - North View
£22002/241.28 miThe Clifton
£18602/251.32 miForest Guest House
£15001/251.37 miThe Seaview - South Shields
£9501/251.45 miAngel's Haven Apartments - By Week2Week
£10103/251.71 miThe Old Rectory
£10801/251.73 miQuiet & Cosy 3BedRoom - Great Base in South Shields near Hospital and Port of Tyne - Free Parking
£45902/241.81 miNO15

Next Steps?

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