Landlords-Which semi detached house should I buy in Halifax?

Which semi detached house should I buy in Halifax? One of our landlords asked if they should buy a 3 or 2 bed semi detached property to rent out to tenants. The first question I asked them was “what are they looking for from the investment – capital growth in the property or a great yield?”

Answering this question will help you figure out which properties you should buy…The average asking price of a 3 bed semi in Halifax is £134,290 today compared to £118,250 for a 2 bed semi. The 3 bed semi achieves an average rental price of £679 per month compared to £500 per month for a two bed semi.

That’s a yield of 5.07% for the 2 bed against 6.06% for the 3 bed. So surely, the 2 bed semi.

In our experience, 3 bed semi’s are slightly easier to rent out (less void periods) and will be easier to sell in the future.Talk to me about property investment in Halifax