WHITECHAPEL 2 BEDROOM, 2 BATHROOM APARTMENT

  • € 15,859
  • Anuncio #: 6416
  • Piso / Apartamento En Venta
  • Baño(s) 2

Resumen

Big Roar are thrilled to present a rare but lucrative opportunity to purchase this property with five
years remaining on the leasehold.

Descripción

Big Roar are thrilled to present a rare but lucrative opportunity to purchase this property with five
years remaining on the leasehold. The apartment benefits from a superb central London location,
with principal commercial, leisure and shopping areas all within easy reach by public transport.
This specialised serviced accommodation property offers high rental income, with a projected
£82,315.80 in NET profit over the full term and this leasehold purchase has 5 years remaining!
Please see our financial breakdown:
Figures based on an estimated annual average occupancy of 80% pcm and annual projected
average daily rate of £260
Projected monthly figures:
Projected rental income = £6,326.66
Projected management costs (12% of rental income) = £759.20
Rent to landlord (the purchaser is responsible to pay rent on a monthly basis) = £3,250
Projected bills (a variable cost based on the property in terms of utility bills i.e council tax, water,
electric, gas etc.) = £945.23
Potential average NET monthly income = £1,371.93
Potential average NET annual income = £16,463.16
Potential average NET income over 5 year term = £82,315.80
This is an absolutely fantastic opportunity to acquire this spacious one-bedroom fully furnished
apartment!!
**Disclaimer - There is no option to purchase the property at the end of the term. Tenants may
choose to self occupy this apartment although Big Roar would advise that this property is set up for
and used as serviced accommodation utilising the corporate lets and/or the short lets model. The
figures provided in the financial breakdown are potential or projected figures that have been
sourced from the Global Serviced Apartments Industry Report 2018/2019; however Big Roar are
not able to offer any performance guarantees. The 90 day rule is applicable and also to all Central
London properties; whereby a maximum of 90 days can be let out annually on a short stay basis,
unless all necessary planning permissions have been given.
Highlights:
Corporate Lettings and Serviced Accommodation
Potential For Fantastic Rental Returns
5 Year Leasehold Purchase
Potential NET Annual Income: £16,463.16

Alojamiento, Instalaciones, Utilidades

  • Estado del anuncio: Activo
  • Anuncio tipo: Piso / Apartamento
  • Baño(s): 2
  • Disponible desde: 03-12-2019
  • Estado del precio: El precio no es negociable
Palabras claves:

Mapa

Dirección:
Codigo postal: E1 1BY
Latitud / Longitud: 51.50853 / -0.12574

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  • Nombre: Flinter
  • Habla: English
  • Nombre de la empresa: Big Roar
  • Teléfono #1: 02071191327
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