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Flat 1, 2 Maida Road, Belvedere

DB-1080

London •••••

£1,500/mo

Service Accommodation

Why the landlord is looking for a deal

This well-positioned, two-bedroom ground floor flat is offered vacant and part-furnished, making it an ideal "turnkey" investment. Located just minutes from Belvedere train station, the property offers a convenient 40-minute commute to Central London alongside easy access to local amenities and riverside parks.

Verified by a management company

Type

Flat

Bedrooms

2

Bathrooms

1

Furnishing

Part Furnished

Parking

No Parking

EPC Rating

C

Planning Use

Residential House (C3)

Tenancy Status

Vacant

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Location

Discover nearby amenities, transport links, and attractions

Floor Plans

Floor plan

Property Video Tour

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Service Accommodation Revenue

Est. Nightly Rate

£175

per night

Est. Monthly Revenue

£3,675

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

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.

Relocation Guests

Families or individuals waiting to move into a new home.

Families Visiting Relatives

Especially near hospitals or during holidays.

Monthly Costs

SELF MANAGED

Monthly Rent£1,500
Utility Bills£220
Council Tax£145
Platform/Booking Fees£551
Total Monthly Costs£2,416

VIA MANAGEMENT CO

Monthly Rent£1,500
Utility Bills£220
Council Tax£145
Platform + Management Fees£1,020
Total Monthly Costs£2,885

All-In Costs to Get Started

Furnishing Costs(Please note this is an estimate)£3,500
Sourcing Fee£3,000
Deposit (Please note often we can negotiate no deposit after a viewing for you.)£1,500
First Month's Rent (Please note we can often negotiate rent free periods especially if the property needs work)£1,500
Total All-In Cost£9,500

Service Accommodation Profit

Profit — Self Managed

£1,259

at 70% occupancy

£899

At 50% occupancy

Profit — Via Mgmt Co

£790

at 70% occupancy

£564

At 50% occupancy

Breakeven Analysis

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

Self Managed

8

months

Via Management Co

13

months

5-Year Profit Projections

(After all-in startup costs)

YearSelf ManagedVia Management Co
1 Year£5,608£-20
2 Years£20,716£9,460
3 Years£35,824£18,940
4 Years£50,932£28,420
5 Years£66,040£37,900