2 bed apartment for R2R

Millstone Lane LE1 5NJ

5 Double Bedroom Flat. All En-suite rooms  in the city center 

•  Millstone lane LE1 

• 3 Year Rent to Rent

• 5 En-Suite Apartment 

• Rent to Landlord = £1,400 pcm

• Finder’s Fee = £2,500

•  Estimated  Annual Gross Income £28,200

•  Estimated ROI 49%

  MILLSTONE LANE LE1
  MONTHLY RENTAL INCOME	AMOUNT		SETUP COST SUMMARY
  ROOM 1	£470.00
  ROOM 2	£470.00		DEPOSIT & 1st MONTH RENT	£2,800.00
  ROOM 3	£470.00		REFURBISHMENT COST	£0.00
  ROOM 4	£470.00		FURNISHINGS	£1,000.00
  ROOM 5	£470.00		SOURCING FEES	£2,500.00
  Total Income	£2,350.00		TOTAL SETUP COST	£6,300.00
  MONTHLY RUNNING COST
  RENT	-£1,400.00
  ELECTRICITY	-£80.00
  GAS	-£80.00
  WATER	-£70.00
  COUNCIL TAX	-£141.92
  WIFI	-£35.00
  CLEANING	-£50.00
  MAINTENANCE	-£50.00
  TV LICENSE	-£14.00
  VOIDS	-£70.50
  TOTAL COST	-£1,991.42
  NET PROFIT	£358.58		TOTAL SETUP COST	£6,300.00
  ANNUAL PROFIT	£4,303.00
  ROI	68.30%
  INITIAL INVESTMENT
  SETUP COST	£6,300.00
  DEPOSIT	£1,400.00
  TOTAL INITIAL INVESTMENT	£7,700.00
  REFUNDABLE DEPOSIT END TERM

Rent to Rent HMO in Barking

7 BED R2HMO in Barking

* HMO compliant

* 7 bed, 2 bathrooms

* All large double bedrooms with a kitchen and communal room

* Within close proximity to several shops, a hospital, restaurants, and a leisure centre 

* Only 7 mins bus journey minute walk to Barking railway station

* High quality interior

* Only £2,700 rent to the landlord pcm

* £924.75 profit pcm!

Key information

• Only a stone throw away from local amenities such as several shops, restaurants, Barking hospital, a library, gym and many more public services

• 86.2% Return on Investment after 1 year

• High demand for rooms to rent in Barking including working professionals and students at Universities in East London

• Less than a mile from Barking Overground and Underground station

Fantastic opportunity! 3 year contract

Contact me if you want to see the brochure and if you want to view the property

Serviced Accommodation - BOOK NOW!

Beautifully decorated 2 bedroom apartment and brand new living space located in the heart of Coventry. 10 minute walk to The Belgade Theatre and Restaurants in the city centre. 10 minutes walk to Coventry train station. 15 minutes walk to the famous Transport Museum. 20 minutes walk to Coventry Cathedral. Located on the edge of the ring road with great transport links Apartment is on the top floor with a skylight offering natural light.

34 brand new 1 bed Apartments for R2R

34 brand new 1 bed Apartments for R2R.

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ANDY

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ANDY

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ANDY