HMO Prices for rooms calculator? and Furshining

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Hello

I realise that location will to a certain extent dictate room prices, but is there a magic system for working out prices per room?

I have researched prices in my area, but without being rude to some landlords, most seem to be for basic/slightly run down properties, and not registered HMO`s.

My property is near competion, replastered, new plumbing and electrics. Fire/smoke alarms, emergency lighting etc. New carpets, kitchen and bathrooms.

I have yet to buy furnishing for it, will the leval of quality of furnishing attrach a higher price per room, or better tennant? Double beds for example start at 100 going up to 450 quite easlily. Apart from the money difference, why should I buy a cheap one over a better quality bed? Will I get more per room for doing it?

Is there a system for calculator the room price?

I have yet to decide upon the type of tennants wanted, but its either students or fully employed profesionals

again, any advice would be welcome. Thank you.

28/12/2010 00:00

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