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177 Albert Road
Newcastle Upon Tyne •••••
£1,000/mo
Why the landlord is looking for a dealOther
An experienced landlord with a diverse national portfolio is seeking a professional operator to take on one or multiple properties. This is a prime opportunity for an experienced investor to secure long-term, stable agreements with a Landlord whose properties are in great condition and great locations
Verified by a management company
Type
House
Bedrooms
4
Bathrooms
2
Furnishing
Unfurnished
Parking
On Street
EPC Rating
C
Planning Use
Residential House (C3)
Tenancy Status
Available Soon
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Floor Plans
Service Accommodation Revenue
Est. Nightly Rate
£155
per night
Est. Monthly Revenue
£3,255
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.
Leisure Travellers
Holidaymakers and weekend visitors, although they typically have shorter stays and require more frequent changeovers.
Monthly Costs
SELF MANAGED
VIA MANAGEMENT CO
All-In Costs to Get Started
Select your furnishing package:
Using staff estimate: £9,500. Select a package above to update ROI figures.
Service Accommodation Profit
Profit — Self Managed
£1,342
at 70% occupancy
£959
At 50% occupancy
Profit — Via Mgmt Co
£927
at 70% occupancy
£662
At 50% occupancy
Breakeven Analysis
Months to recover all-in costs based on monthly profit:
Self Managed
11
months
Via Management Co
16
months
5-Year Profit Projections
(After all-in startup costs)
| Year | Self Managed | Via Management Co |
|---|---|---|
| 1 Year | £1,604 | £-3,376 |
| 2 Years | £17,708 | £7,748 |
| 3 Years | £33,812 | £18,872 |
| 4 Years | £49,916 | £29,996 |
| 5 Years | £66,020 | £41,120 |