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Convert my semi detached house into two flats!

How much rent will a converted semi-detached house generate?

Asked on Aug 15 2014, Home Improvement in Leicester | Report content

Answers (1)

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  • 1. You will need planning permission 2. Conversion will cost money 2. Rental income will be taxable and unlike an owner occupied house the rented property will attract capital gains tax when sold. 3. What is the likely rental income? What return on capital does that represent? 4. Why not move to a smaller place and invest the surplus.

    Answered on Aug 15 2014, Report content

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