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211 Broadway Residences , 105 Broad Street

DB-1156

Birmingham •••••

£950/mo

Service Accommodation

Why the landlord is looking for a dealGuaranteed Rent

Landlord has just purchased the flat and would like a company to offer guaranteed rent on it. Open to management as well.

Type

Flat

Bedrooms

1

Bathrooms

1

Furnishing

Furnished

Parking

No Parking

EPC Rating

N/A

Tenancy Status

Vacant

Monthly profit potential

What this deal can pay you

£2,100 gross revenue a month at 70% occupancy

25%

Self managed

£535

profit per month

13%

Via management co

£267

profit per month

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Occupancy rate70%
Monthly rent£950

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Breakeven Analysis

Months to recover all-in costs based on monthly profit at 70% occupancy:

Self Managed

6

months

Via Management Co

11

months

5-Year Profit Projections

(After all-in startup costs, at 70% occupancy)

YearSelf ManagedVia Management Co
1 Year£3,520£304
2 Years£9,940£3,508
3 Years£16,360£6,712
4 Years£22,780£9,916
5 Years£29,200£13,120

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Location

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Property Video Tour

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Service Accommodation Revenue

Est. Nightly Rate

£100

per night

Est. Monthly Revenue

£2,100

at 70% occupancy

Comparable Listings

Management Company Estimates

Not recommended

Nightly rate

£80/night

Occupancy

72%

Mgmt fee

—

Avg stay

Mixed

Est. monthly revenue

£1,728

Est. monthly profit

£518.8

after rent, 15% booking fee, management fee (taken after booking fee), bills & council tax

Excellent opportunity

Nightly rate

£170/night

Occupancy

68%

Mgmt fee

15%

Avg stay

Mixed

Est. monthly revenue

£3,468

Est. monthly profit

£1,235.63

after rent, 15% booking fee, management fee (taken after booking fee), bills & council tax

Average

Nightly rate

£105/night

Occupancy

70%

Mgmt fee

15%

Avg stay

Mixed

Est. monthly revenue

£2,205

Est. monthly profit

£193.112

after rent, 15% booking fee, management fee (taken after booking fee), bills & council tax

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:

1

Corporate Guests

Located on Broad Street, the area is a prime hub for business travellers and corporate professionals working in Birmingham city centre.

2

Contractors

High demand from infrastructure and commercial projects across Birmingham city centre requiring mid-to-long-term stays.

3

Leisure Travellers

Proximity to Broad Street's entertainment, dining, and nightlife makes it a popular destination for weekend city breaks.

4

Relocation Guests

The central location and modern residential developments like Broadway Residences attract individuals and families in transition.

5

NHS Staff

Close proximity to major Birmingham healthcare facilities creates consistent demand for temporary housing for medical staff.

6

Students

Accessible to Birmingham's major universities and academic institutions for visiting lecturers and postgraduate students.

7

Insurance Guests

The central location provides a convenient, fully-furnished base for individuals displaced by home insurance claims in the West Midlands.

Monthly Costs

SELF MANAGED

Monthly Rent£950
Utility Bills£185
Council Tax£115
Platform/Booking Fees£315
Total Monthly Costs£1,565

VIA MANAGEMENT CO

Monthly Rent£950
Utility Bills£185
Council Tax£115
Platform + Management Fees£583
Total Monthly Costs£1,833

All-In Costs to Get Started

Furnishing Costs(Please note this is an estimate)£1,000
Sourcing FeeProfit Share Deal

Profit Share Deal | No Upfront Sourcing Fee

Instead of paying a set sourcing fee upfront, you pay nothing to take on this deal and split the monthly profit 50/50 with The Deal Board. It's a lower-capital way to get into the deal — you only pay when the property is actually making money.

Register your interest in a profit share deal
Deposit (Please note often we can negotiate no deposit after a viewing for you.)£950
First Month's Rent (Please note we can often negotiate rent free periods especially if the property needs work)£950
Total All-In Cost£2,900