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Flat 2, 362 Harborne Lane, Harborne, Birmingham, B17 0NY

DB-1161

Birmingham •••••

£1,000/mo

Service Accommodation

Why the landlord is looking for a dealGuaranteed Rent

Type

Flat

Bedrooms

1

Bathrooms

1

Furnishing

Furnished

Parking

On Street

EPC Rating

N/A

Planning Use

Residential House (C3)

Tenancy Status

Vacant

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Location

Discover nearby amenities, transport links, and attractions

Service Accommodation Revenue

Est. Nightly Rate

£95

per night

Est. Monthly Revenue

£1,995

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:

1

NHS Staff

Extremely high demand due to proximity to the Queen Elizabeth Hospital Birmingham, a major teaching hospital and Level 1 Trauma Centre.

2

Students

Strong demand from medical students and visiting academics associated with the nearby University of Birmingham and the new Birmingham Health Innovation Campus.

3

Corporate Guests

Demand from professionals working with the Birmingham Health Innovation Campus and life sciences partners like Bruntwood SciTech.

4

Film & TV Crews

Lower demand compared to other sectors, though the area's proximity to Birmingham city centre provides access to regional production hubs.

Monthly Costs

SELF MANAGED

Monthly Rent£1,000
Utility Bills£165
Council Tax£135
Platform/Booking Fees£299
Total Monthly Costs£1,599

VIA MANAGEMENT CO

Monthly Rent£1,000
Utility Bills£165
Council Tax£135
Platform + Management Fees£554
Total Monthly Costs£1,854

All-In Costs to Get Started

Furnishing CostsProperty already furnished£0
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.)£1,000
First Month's Rent (Please note we can often negotiate rent free periods especially if the property needs work)£1,000
Total All-In Cost£2,000

Service Accommodation Profit

Profit — Self Managed

£396

at 70% occupancy

£283

At 50% occupancy

Profit — Via Mgmt Co

£141

at 70% occupancy

£101

At 50% occupancy

Breakeven Analysis

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

Self Managed

6

months

Via Management Co

15

months

5-Year Profit Projections

(After all-in startup costs)

YearSelf ManagedVia Management Co
1 Year£2,752£-308
2 Years£7,504£1,384
3 Years£12,256£3,076
4 Years£17,008£4,768
5 Years£21,760£6,460