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3 Worcester Parade

DB-1023

Gloucester •••••

£2,200/mo

Service Accommodation

Type

House

Bedrooms

4

Bathrooms

1

Furnishing

Unfurnished

Parking

N/A

EPC Rating

N/A

Tenancy Status

Vacant

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Location

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Service Accommodation Revenue

Est. Nightly Rate

£240

per night

Est. Monthly Revenue

£5,040

at 70% occupancy

Comparable Listings

Comparable 1Comparable 2Comparable 3

Who This Property Suits

Based on the location and property type, this serviced accommodation is likely to appeal to the following guest types, ranked by suitability:

Contractors

Construction workers, engineers, utilities and infrastructure teams. Usually book Monday–Friday or for several weeks/months.

Corporate Guests

Employees relocating, attending training or working on temporary projects. Reliable and often booked through companies.

Insurance Guests

People displaced by floods, fires or other home insurance claims. Stays can last several weeks or months.

NHS Staff

Doctors, nurses and locum healthcare professionals working temporary placements.

Film & TV Crews

Production staff needing accommodation during filming.

Relocation Guests

Families or individuals waiting to move into a new home.

Families Visiting Relatives

Especially near hospitals or during holidays.

Leisure Travellers

Holidaymakers and weekend visitors, although they typically have shorter stays and require more frequent changeovers.

Monthly Costs

SELF MANAGED

Monthly Rent£2,200
Utility Bills£0
Council Tax£0
Platform/Booking Fees£756
Total Monthly Costs£2,956

VIA MANAGEMENT CO

Monthly Rent£2,200
Utility Bills£0
Council Tax£0
Platform + Management Fees£1,399
Total Monthly Costs£3,599

All-In Costs to Get Started

Select your furnishing package:

Using staff estimate: £9,500. Select a package above to update ROI figures.

Furnishing Costs(Please note this is an estimate)£9,500
Sourcing Fee£3,000
Deposit (Please note often we can negotiate no deposit after a viewing for you.)£2,200
First Month's Rent (Please note we can often negotiate rent free periods especially if the property needs work)£2,200
Total All-In Cost£16,900

Service Accommodation Profit

Profit — Self Managed

£2,084

at 70% occupancy

£1,489

At 50% occupancy

Profit — Via Mgmt Co

£1,441

at 70% occupancy

£1,029

At 50% occupancy

Breakeven Analysis

Months to recover all-in costs based on monthly profit:

Self Managed

9

months

Via Management Co

12

months

5-Year Profit Projections

(After all-in startup costs)

YearSelf ManagedVia Management Co
1 Year£8,108£392
2 Years£33,116£17,684
3 Years£58,124£34,976
4 Years£83,132£52,268
5 Years£108,140£69,560