Coliving in the south-east London suburb of Crystal Palace.
Description
The operating licensed coliving consists of two 4-bedroom apartments: 8 bedrooms and 3 kitchens.
The building was completely renovated in 2019.
The annual income (at 100% occupancy) is 92,500 €.
Operating expenses per year (not including marketing and management expenses) — 12,300 €.
The yield is 5.8%.
Currently 7 out of 8 bedrooms are rented out at £ 875 per month.
Brokerage fee is 2%.
The building is located in close proximity to Crystal Palace Park in the southeastern suburb of London. The nearest metro station is less than a 10-minute walk.
London is the capital and largest city of the United Kingdom of Great Britain and Northern Ireland and the 3rd largest city in Europe. The population of the city is more than 8.6 million people.
London is the main political, economic and cultural center of the United Kingdom.
London belongs to the global cities of the highest rank and the world's leading financial centers. Its economy is 1/5 of the country's one.
The tourism industry employs more than 250 thousand people. Every year tourists leave in London more than 10 billion pounds.
