Are commercial valuations appropriate for higher yield HMOs?
I’m hoping to sell my portfolio of 4 x HMOs in Aberdeen. 2 are 5-bedroom flats with a yield of around 8% depending on valuation, but the other 2 properties are larger (12 bed and 9 bed) and have higher yields of 14-15% – again depending on valuation.
Is a commercial valuation more appropriate for the bigger ones based on yield?
Also, can anyone recommend a Scottish broker who can sell tenanted properties?
Thank you
Karen
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