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Millom 2 Bed BTL to SA | £710 Monthly Profit | 32.03% ROI

Deal ID: 8465

Finders Fee: 4000

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Headline Deal Details

Millom 2 Bed BTL to Serviced Accommodation | £710 Monthly Profit | 32.03% ROI

• Property: 2 bed house requiring a light refurbishment to bring it up to a strong serviced accommodation standard, once complete the property is ideally suited to contractors working locally as well as holiday makers visiting the surrounding coastal and countryside areas
• Strategy: Buy to Let to Serviced Accommodation, low purchase price with a simple value add through light works and furnishing
• Location: Millom, popular with contractors and leisure guests due to proximity to the Lake District coastline, local industry and limited quality short stay accommodation

• Purchase Price: £65,000
• Stamp Duty & Legals: £4,550
• Refurb, Staging & Furnishing: £5,000

• Total Money In: £25,800

• Average Nightly Rate: £87
• Average Occupancy: 58%

• Monthly Profit: £710
• ROI: 32.03%

A low entry BTL to SA opportunity in Millom offering strong monthly cashflow, simple refurbishment scope and dual demand from contractors and holiday makers.

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