graememk
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| posted on 8/7/06 at 04:37 PM |
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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
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| posted on 8/7/06 at 04:39 PM |
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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
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| posted on 8/7/06 at 04:55 PM |
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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
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| posted on 8/7/06 at 05:12 PM |
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down here its more like £6-700 but its expensive down south
beware, I've got yellow skin
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froggy
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| posted on 8/7/06 at 09:28 PM |
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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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