North Tyneside Sea side town BRRR to Serviced Accommodation | Block of 3 x 1 Bed Flats | £2,524 Monthly Profit | 84.49% ROI
• Property: Block of 3 x 1 bed flats including the freehold and individual leases, ideal for a multi unit serviced accommodation setup
• Strategy: BRRR to Serviced Accommodation, leveraging refurbishment uplift and strong short stay cashflow across multiple units
• Location: North Tyneside, Sea view popular coastal location with strong demand from leisure guests, contractors and short stay visitors
• Purchase Price: £295,000
• Stamp Duty & Legals: £13,850
• Refurbishment: £60,000
• Staging & Furnishing: £4,500
• End Value: £450,000
• Average Nightly Rate: £100 per unit
• Occupancy: 70%
• Monthly Profit: £2,524
• ROI: 84.49%
A strong multi unit BRRR to SA opportunity in North Tyneside, offering freehold control, excellent cashflow across three units and a solid refinance position once stabilised.