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10 Beech Grove
Preston •••••
£2,000/mo
Type
House
Bedrooms
6
Bathrooms
2
Furnishing
Furnished
Parking
On Street
EPC Rating
N/A
Tenancy Status
Vacant
Service Accommodation Profit
Drag to see how occupancy affects profit, breakeven and 5-year projections below.
Adjust the rent to see what figure works!
Profit — Self Managed
£1,506
at 70% occupancy
Profit — Via Mgmt Co
£890
at 70% occupancy
Breakeven Analysis
Months to recover all-in costs based on monthly profit at 70% occupancy:
Self Managed
5
months
Via Management Co
8
months
5-Year Profit Projections
(After all-in startup costs, at 70% occupancy)
| Year | Self Managed | Via Management Co |
|---|---|---|
| 1 Year | £11,072 | £3,680 |
| 2 Years | £29,144 | £14,360 |
| 3 Years | £47,216 | £25,040 |
| 4 Years | £65,288 | £35,720 |
| 5 Years | £83,360 | £46,400 |
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Floor Plans
Service Accommodation Revenue
Est. Nightly Rate
£230
per night
Est. Monthly Revenue
£4,830
at 70% occupancy
Comparable Listings
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
High demand driven by the £434 million Preston City Deal and ongoing major infrastructure projects like the Preston Western Distributor and Cottam Parkway.
NHS Staff
Strong requirement for temporary housing for healthcare professionals working at the nearby Royal Preston Hospital.
Corporate Guests
Supported by the growth of Grade A office capacity and the development of new business hubs like Amounderness House.
Relocation Guests
Significant residential expansion in the Preston area, with over 17,000 new homes planned as part of the City Deal strategy.
Families Visiting Relatives
Proximity to residential areas in Ashton-on-Ribble and the Royal Preston Hospital makes this a convenient base for visiting relatives.
Insurance Guests
Consistent demand for large, multi-bedroom properties to house families displaced by property damage in the Lancashire region.
Students
Demand from visiting academics and postgraduate students associated with Preston's higher education institutions.
Leisure Travellers
Limited tourism draw compared to major cities, though the area benefits from proximity to the city centre and future leisure-focused regeneration projects.
HMO License & Safety
Safety Measures
Monthly Costs
SELF MANAGED
VIA MANAGEMENT CO