P
propertymagnatedreamer
New Member
I have a 2-bed flat in West Yorkshire newly tenanted at £420 pcm (housing benefit single mother of 2-year old).
Service charge and ground rent = ~1300 pa
There's a nursery and primary school right around the corner so tenant could be there long-term (e.g. 10 years while child goes through school)
First question: How attractive is having a potential long-term housing benefit tenant to a potential BTL investor?
Second question: What is the yield calculation or key considerations for a BTL investor to decide on what price they would pay for the property?
thanks
Service charge and ground rent = ~1300 pa
There's a nursery and primary school right around the corner so tenant could be there long-term (e.g. 10 years while child goes through school)
First question: How attractive is having a potential long-term housing benefit tenant to a potential BTL investor?
Second question: What is the yield calculation or key considerations for a BTL investor to decide on what price they would pay for the property?
thanks