How Much Should I Charge Per Room In My HMO?
Posted on 22nd February 2023 at 17:00
The amount of money to charge per room is a very important factor when letting your rooms out. You want to make sure that the price isn't too low that your missing out on potential profit and not too high that it doesn't fit people's budgets.
Something that goes hand in hand with the amount to charge per room is the demand for rooms in the area that you are focusing on. Here's a link to our previous blog that goes over that if you haven't read it already.
Here are three steps you can take to come to a figure:
If you've got a HMO and are looking for guaranteed rent or even have any questions related to HMOs, feel free to go to the Landlord Management Services page on our website (click HERE), or contact us on email.
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