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Author: Subject: flats to rent, how much.
graememk

posted on 8/7/06 at 04:37 PM Reply With Quote
flats to rent, how much.

ok a bit of subject i know.
i have a few flats i rent out and its time i looked at the rent i charge, all 4 flats are the same size over a few shop units, all one bedroom but have bath room kitchen and a double bedroom whole flat is about 4meters wide by 14meters long diveded into 4 rooms.

what sort of price would you pay in your area, i'm charging £400pm inc service charge, the flats are very nice new places with gas water heating and fully furnished to a resonable standard, good enough for me to live in.

[Edited on 8/7/06 by graememk]






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JoelP

posted on 8/7/06 at 04:39 PM Reply With Quote
it entirely depends on the area imho, mine are rented for 50 and 60 pw, to housing benefit claimants. A poor rent, but the houses are fairly cheap and in crap areas.

Some of the property price websites also do rental guides IIRC.

Have a look on http://www.singingpig.co.uk , its a forum about money but there is a busy landlord section.

[Edited on 8/7/06 by JoelP]

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dilley

posted on 8/7/06 at 04:55 PM Reply With Quote
A 1 bed flat where I live will make upto 600 pcm due to be being surrounded by yanks from the airbases, I think there min allowance for a single person is 720pcm
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ned

posted on 8/7/06 at 05:12 PM Reply With Quote
down here its more like £6-700 but its expensive down south





beware, I've got yellow skin

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froggy

posted on 8/7/06 at 09:28 PM Reply With Quote
if your making money and they are all occupied then id go with inflation and be happy that they arent empty. once you get towards a rent that could pay a small mortgage the kind of tenants you get are not worth having imo
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