WINDSOR COTTAGE - HOLIDAY LET - 20.11% ANNUAL ROI

Windsor Cottage is a victorian sem-detached cottage located in Saltburn by-the-sea on the North Yorkshire coast. The property was purchased for £136,500 and has now been fully refurbished and furnished to a high standard.

The property generated over £26,000 in accommodation fare revenue in it’s first year if operation.

The property was furnished for a budget of £7,500 and you can explore the finished product here on our Stay North Yorkshire website.

PARK VIEW APARTMENT - HOLIDAY LET - 20%+ ANNUAL ROI

This purchase was made on behalf of an overseas investor looking to grow their portfolio in the UK on hand free basis. 

The property was purchased after having being part of the restoration of a Victorian Mansion on the North Yorkshire Coast, and is now operating as a Serviced Apartment/Holiday Let.

With over £12,500 of booking revenue secured within the first four weeks of launching, and now consistently producing gross income of over £34,000 per year, the net annual return on capital is in excess of 24%. We have recently started works on this clients third project with us.

You can find out more about this particular property on Stay North Yorkshire.

ESPLANADE APARTMENT - SA - 10.92% ANNUAL ROI

Esplanade Apartment located in Redcar on the North Yorkshire coast is the first of a series of Serviced Accommodation Apartments being added to our Manhatten Property management portfolio on behalf of our INVESTicity clients. 

This two bedroom apartment was purchased cash for £85,000 with a further £7,000 spent on furnishings to deliver a high quality product for our guests. The forecast for the first 12-18 months of operation is a net operating profit of £10,911 which represents a 10.92% annual net return on capital for our client.

HARBOUR COTTAGE - HOLIDAY LET - 17.31% ANNUAL ROI

Harbour Cottage is located in the small seaside town of Staithes on the North Yorkshire coast. The property had undergone a significant refurbishment prior to purchase, and so we were quickly able to turn around the furnishing of the property and begin creating cash flow within a matter of days.

This two bedroom property attracted an average nightly rate of £137 in 2019 and generated £29,600 in revenue since launching in mid-March 2019.

You can explore further information and more images of this property over on our Stay North Yorkshire website.

HOGGARTHS RETREAT - HOLIDAY LET - 18.54% ANNUAL ROI

Hoggarths Retreat is as stunning four bedroom, four bathroom property over three stories, located on the south side of Whitby Harbour. The property was purchased direct to developer for £290,000, and our client invested £15,000 on the interior design and furnishing.

Located within 10 minutes walk of Whitby Harbour, the old town cobbled streets, and Whitby Abbey also close by. The property offers private parking for one vehicle which is a real premium in the Whitby market.

The property is currently in it’s first year of operation, and generated future bookings of over £30,000 in the first three months of launch. The property is expected to exceed £60,000 per annum in gross revenue, and averages just over £230 per night.

THE COACH HOUSE - HOLIDAY LET - 75%+ ROI

A personal investment project, this 17th Century property was taken on a 10 Year Commercial FRI Lease from the estate landlord. We then invested over £35,000 into a complete refurbishment, including the creation of a new ensuite bathroom, new WC and interior design and installation.

The property is now the most successful in the Host & Stay portfolio, generating over £55,000 in bookings in its first four months of operation, and expected to break £100,000 in revenue on an annual basis.

Due to the unique structure of the deal, the property provides an annual net return on investment of over 75% per annum.

ARTSBANK - HOLIDAY LET - 17.5%+ ANNUAL ROI

Located in a newly re-developed victorian building in Saltburn-by-the-sea, Artsbank is a modern, stylish apartment that retains a number of it’s original features.

Purchased on behalf of a client and direct to developer, the project needed only the design and install of interior furnishings, resulting in a quick turnaround and almost immediate return on capital. The apartment is expected to generated in excess of £27,500 per annum in gross revenue at c.£130 per night.

Saltburn-by-the-sea has seen year on year growth in tourist footfall, and is quickly becoming one of North Yorkshires premiere coastal towns.