A 3 Bed/2 Rec property which would easily be able to be split into 4 very good sized bedsits. A rent of £70.00 per week can be anticipated per room.
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Rental:
Property purchase £64,000
Rental income £70 x4 = £280/wk = £14,560/pa
Gross rental yield of 22.75%
Allow monthly expenditure of £400/month to cover all bills & management fee, net rental yield would then be £9,760/pa = *15.25%*
Cash breakdown:
Â...
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