9:00 AM, 18th April 2013, About 9 years ago 1
Buy to let investors in Cambridge can see between 12 to 15% pre tax income on capital employed.
Cambridge – an expensive, highly sought after area and a market place often not understood by investors. There are six key housing drivers in the Cambridge market – a) 28,000 students b) 8,000 involved in work with Addenbrooks Hospital quarter c) over 5,000 above average pay working in the IT and Science Park area d) thousands living in Cambridge enjoying the theatre and arts lifestyle with an easy commute to London plus e) the normal employed market and f) the normal unemployed market.
In many parts of the city there is high demand for quality multi let rooms with en-suites showers and shared kitchens. Professional investors converting residential property, former office buildings or guest houses or pubs can expect to see pre tax income of 12% or more on capital employed.
An ebook explaining in detail why Cambridge is an excellent place to invest is being made available to Property118 readers free of charge by Belvoir Lettings who are are experts in this field and assist investors with selection, preparation and management.
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