Case Study
Sarah, a landlord, faced ongoing issues with regular tenants who consistently neglected the upkeep of her property. Frustrated by constant repairs and inconsistent rental income, she sought a more reliable and hassle free solution.
CMJ Manor Ltd stepped in to provide a tailored solution. We connected Sarah with a serviced accommodation company that specialised in short term rentals. This allows Sarah’s property to be used as a serviced accommodation.
As a result, Sarah’s property became a highly profitable asset, with minimal maintenance concerns and consistent rental income. This case study further evaluated below.
Time to get initial investment back (months)
%
Return of INVESTMENT IN 1ST YEAR
%
Occupancy rate within the area
These figures seen above highlights the key findings from the market research conducted within the region, focusing on the performance of serviced accommodations. The analysis explores average nightly rates, occupancy rates, and the financial returns generated for this property Investment.
Findings:
- Average Nightly Rate
The research revealed that serviced accommodations in the area consistently achieved nightly rates within the low £200 range, reflecting strong demand from short-term renters due to the property being within close proximity to the city centre and event venues.
- Occupancy Rate
The average occupancy rate was identified at an impressive 91% for the whole of the year, indicating a highly active market with minimal vacancy periods.
- Financial Performance
The combination of high nightly rates and occupancy levels contributed to exceptional financial outcomes for the property investors:
- Time to recoup initial investment 2 months.
- Return on investment (ROI) for the first is 351%.
In conclusion, because Sarah’s property was in a high demanding area, we were able to package that deal and connect her with an investor that would take on a long term corporate lease agreement in the serviced accommodation sector. By doing so, we were able to help Sarah, the landlord, with the investor agreeing to guarantee rental payments, handle minor maintenance issues, and conduct regular cleaning operations and inspections. Meanwhile, the investor received a deal that maximised their investment returns.
Finding a deal
Packaging the deal
Connecting the deal with an investor
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