BTL. Are 3/4 beds better than 2?
Discussion
Tidy, low maintenance modern 2 bed houses (not flats/apartments) in my area are approx £145-150k and let (easily) for around £500-£580pcm. 2 beds seem in short supply and therefore sell/rent quickly..
3 beds seem to let at around 675-700 (so 20%+ on a 2 bed) and sell for £160-£190k.
Has anyone else done the maths and thought 2 beds are relatively expensive (due to supply and demand) and think 3 (or possibly 4) beds might be a better long-term investment?
Cheers
3 beds seem to let at around 675-700 (so 20%+ on a 2 bed) and sell for £160-£190k.
Has anyone else done the maths and thought 2 beds are relatively expensive (due to supply and demand) and think 3 (or possibly 4) beds might be a better long-term investment?
Cheers
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