r/Glasgow Tools

Title
Author	Fktifano
Comment	>And a 1 bedroom that costs 150k to buy would most definitely be rented out for more than £710 a month Not necessarily. Not much more anyway. My 2bed flat is probably worth £200k and in a reasonably desired area. I think it would rent for £900 at best. £710 p/m is just about 5.5% return p.a. which is reasonable. Your pushing it at 7-8%
Reddit Link	https://www.reddit.com/r/glasgow/comments/wf4z3w/is_everyone_in_this_city_fucking_loaded_or_is_it/iiupeul/
Created	Thu 4th Aug 2022 1:21am
Status	normal ()

>And a 1 bedroom that costs 150k to buy would most definitely be rented out for more than £710 a month

Not necessarily. Not much more anyway.

My 2bed flat is probably worth £200k and in a reasonably desired area. I think it would rent for £900 at best.

£710 p/m is just about 5.5% return p.a. which is reasonable. Your pushing it at 7-8%