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41 Alwen Grove, South Ockendon
Essex •••••
£1,896/mo
Why the landlord is looking for a dealHands-Off Management
This newly refurbished three-bedroom property offers a turnkey investment opportunity in a quiet, high-demand residential area. Ideally situated near local schools, shops, and key transport links, the home also features a spacious garden and convenient off-road parking. Its ready-to-let condition ensures immediate appeal for quality tenants.
Type
House
Bedrooms
3
Bathrooms
1
Furnishing
Unfurnished
Parking
Driveway
EPC Rating
C
Planning Use
Residential House (C3)
Tenancy Status
Vacant
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Service Accommodation Revenue
Est. Nightly Rate
£165
per night
Est. Monthly Revenue
£3,465
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.
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
VIA MANAGEMENT CO
All-In Costs to Get Started
Select your furnishing package:
Using staff estimate: £6,000. Select a package above to update ROI figures.
Service Accommodation Profit
Profit — Self Managed
£681
at 70% occupancy
£486
At 50% occupancy
Profit — Via Mgmt Co
£239
at 70% occupancy
£171
At 50% occupancy
Breakeven Analysis
Months to recover all-in costs based on monthly profit:
Self Managed
19
months
Via Management Co
54
months
5-Year Profit Projections
(After all-in startup costs)
| Year | Self Managed | Via Management Co |
|---|---|---|
| 1 Year | £-4,628 | £-9,932 |
| 2 Years | £3,544 | £-7,064 |
| 3 Years | £11,716 | £-4,196 |
| 4 Years | £19,888 | £-1,328 |
| 5 Years | £28,060 | £1,540 |