Rent-to-Serviced Accommodation
South West
From Amazon delivery shifts to serviced accommodation in properties he doesn't own
Project at a glance
Strategy
Rent-to-serviced accommodation
Properties
1-bed flat and 2-bed flat
Rent paid
£750 and £1,000 a month
Money put in
£7,000–8,000 for both
Nightly rate
£132–190
Break-even
About 45–50% occupancy
1-bed average profit
~£1,000 / mo
2-bed at 75% occupancy
~£1,300 / mo
Saving for a deposit that kept moving
Before he met Rahim, Lloyd was living in a shared house, working a full-time job and doing Amazon deliveries after work and at weekends. The plan was to save as much as he could, buy a property and go from there.
He kept asking himself one question: when I’m 70, what will I have done with my life? He didn’t want to be repeating the same routine forever. He wanted to reach a point where he was financially free and could decide his own future.
Finding the right help
Lloyd came across one of Rahim’s videos and realised they lived in the same city. He’d watched plenty of YouTube content, but found there was a lot of noise and no one telling him exactly what to do first. On their first Zoom call, from his room in the shared house, he learned he didn’t need a big deposit to get started. Rent-to-serviced accommodation became his first step.
Closing the deal
Lloyd used a script to approach landlords on Gumtree and sent a lot of messages. It wasn’t easy: two deals almost went through before the landlords pulled out, and others were a flat no. Rahim told him to keep pushing.
Then he found a landlord advertising one property. The landlord was busy running another business and had no time to manage his lets. After a few conversations, he mentioned he had other properties in a different building, and Lloyd went to see them.
The landlord was still unsure, so Lloyd called Rahim, who drove down from London that evening to meet him. Lloyd had already done most of the work. He’d listened closely and understood exactly what the landlord needed. Rahim’s role was to give the landlord the reassurance he was looking for. Lloyd secured two flats in the building within a month, and the landlord now wants to hand over more.
Designed to feel like home
Both flats were freshly renovated, so Lloyd focused on making them cosy. His aim was for guests to walk in and want to stay.
- 1-bed flat: a sturdy double bed rather than two singles, because most guests are couples or solo travellers. A sofa bed means it can still sleep three.
- 2-bed flat: two single beds in each room that push together into a king-size. Lloyd spaced them apart after noticing guests kept moving them.
- Colour-matched throughout: Lloyd painted the grey accent walls himself, and appliances, rugs and furnishings follow one scheme.
- Home comforts: chests of drawers, lamps, TV points in the bedrooms, and a separate bathroom and shower room in the 2-bed.
- Secure parking: a big advantage in the area and a strong selling point for guests.
The numbers
Lloyd put in around £7,000–8,000 to set up both flats. He pays the landlord £750 a month for the 1-bed and £1,000 for the 2-bed. Nightly rates run from about £132 to £190, depending on the number of guests.
The deals were analysed to break even at around 45–50% occupancy. The 1-bed averages about £1,000 a month in profit. The 2-bed makes around £450–500 at 50% occupancy, and about £1,300 net at the 75% occupancy Lloyd has reached. That’s income from properties he doesn’t own, before the busier summer months.
A third deal, for an investor
The same landlord also had a two-bedroom bungalow with a garden, ideal for families. Instead of taking it on himself, Lloyd sourced it for an investor, earning a one-off fee of £2,500. He now manages it for a further £350–500 a month, with cleaners and a maintenance team doing the hands-on work. Occupancy usually runs at 70–80%, and a guest was checking in when Rahim visited.
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