What would be the best size flat to buy as a buy to let in central London?
Asked on Apr 10 2013,
General in London |
The buy to let market is still booming, and especially in central London, so it's highly likely that any property you purchase there to rent out to a tenant will be subject to a high level of demand, subsequently leaving you with a very strong income from this property and a small amount of time when it is ever empty.
However, when you are buying in any area, it is of course imperative that you know your target market. In central London, you will most likely be appealing to professionals and young couples more often than families.
With this in mind, the majority of the people you will be marketing the flat at will be looking for smaller properties, so one and two-bedroom apartments would most likely be the best option available.
Answered on Apr 17 2013,
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