Need advice on student investment in LincolnMake Text Bigger
I’m brand new to property letting and I am contemplating buying a 3 bed terrace or house in Lincoln with a view to renting this out to students on a per room arrangement, I want to know can I do this ? Do I need additional permission from my lender ?
Do I need to introduce additional features such as fire escapes etc ?
I am looking at a in the £120,000 range, and then charging up to £90 per room per week.
Is this realistic?
Thanks in advance for any advice.
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