We have just received the “heads up” from Marcus at Urban and Rural about a potential buy to let investment. Its a 3 bedroom terrace in Gadsby Street. On the edge of a conservation area. Within walking distance of the town centre and the Bohemian Castle Quarter. The property is on the market for an excellent price of £130,000 , it needs a bit of TLC but could attract the student market. With room rates of £300 per calendar month for a double and £200 for a single , the minimum rent would be £800 per calendar month. Maybe more depending on room sizes. Offering a yield at this asking price of 7.4%
The student market has lots of complications and regulations , but managed it is a good market to get into. Pop in and see us in Tavistock Street.
