2 Double Bedroom. City Centre Apartment

Duff street EH11 2HJ

2 Double Bedroom. City centre Apartment. Near Edinburgh Castle   

•  Duff street EH11 2HJ 

• 1 Year Rent to Rent Potential to Extend

• 2 Double bedroom

• Rent to Landlord = £755.00 PCM

• Finder’s Fee = £2,500

•  Estimated  Annual Gross Income £30,940

• Estimated ROI 271%

• Haymarket Station, Edinburgh 1.5 miles

• The University of Edinburgh 0.4 mile

  DUFF STREET EH11 2HJ
  YEARLY RENTAL INCOME	AMOUNT		SETUP COST SUMMARY
  2 BEDROOM FLAT	£30,940.00
  			DEPOSIT & 1st MONTH RENT	£1,510.00
  			REFURBISHMENT COST	£500.00
  			FURNISHINGS	£1,500.00
  			SOURCING FEES	£2,500.00
  Total Income	£30,940.00		TOTAL SETUP COST	£6,010.00
  YEARLY RUNNING COST
  RENT	-£9,060.00
  ELECTRICITY	-£100.00
  GAS	£0.00
  WATER	-£720.00
  COUNCIL TAX	-£1,338.00
  WIFI	-£420.00
  CLEANING	-£960.00
  MAINTENANCE @ 6%	-£1,856.00
  TV LICENSE	-£168.00
  TOTAL COST	-£14,622.00
  NET PROFIT	£16,318.00		TOTAL SETUP COST	£6,010.00
  ANNUAL PROFIT	£16,318.00
  ROI	271.51%
  INITIAL INVESTMENT
  SETUP COST	£6,010.00
  REFURB & REFURNISH	-£2,000.00
  TOTAL INITIAL INVESTMENT	£4,010.00

Sherborne Street B16

Sherborne Street, Birmingham B16 

 Key Points 

• 2+ Years Rent-to-SA Deal

• 1 Bedroomed Apartment

• Heart of Birmingham City Centre 

• Estimated Refinishing £0

• Rent to Landlord = £725 PCM

• Estimated Annual Income, £29,484

• Estimated ROI;  up to 234%

• Finder’s Fee = £2,500  

  
  

  Sherborne Street, Birmingham B16
  YEARLY RENTAL INCOME	AMOUNT		SETUP COST SUMMARY
  1 BEDROOM FLAT	£29,484.00
  			DEPOSIT & 1st MONTH RENT	£1,450.00
  			REFURBISHMENT COST	£0.00
  			FURNISHINGS	£2,000.00
  			SOURCING FEES	£2,500.00
  Total Income	£29,484.00		TOTAL SETUP COST	£5,950.00
  YEARLY RUNNING COST
  RENT	-£8,700.00
  ELECTRICITY	-£840.00
  GAS	£0.00
  WATER	-£720.00
  COUNCIL TAX	-£1,482.00
  WIFI	-£420.00
  CLEANING	-£960.00
  MAINTENANCE @ 6%	-£1,578.00
  TV LICENSE	-£168.00
  TOTAL COST	-£14,868.00
  NET PROFIT	£14,616.00		TOTAL SETUP COST	£5,950.00
  ANNUAL PROFIT	£14,616.00
  ROI	245.65%
  INITIAL INVESTMENT
  SETUP COST	£5,950.00
  REFURB & REFURNISH	-£2,000.00
  TOTAL INITIAL INVESTMENT	£3,950.00