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Monday, March 26, 2012

Most expensive BTL

Is the the Uk's most expensive buy to let property?

Candy’s CPC Group have just paid £35 million for a BTL terraced house. For most landlords this would seem a touch over priced, for many £35 thousand would be a more realistic figure.

This terraced house does happen to be near Regents Park, in an area that can commond more than £3000 per square foot.

Rumour has it that the property has already found a tenant for the period of the Olympics for a rent of £400,000. I wonder if that includes council tax?

Read more in the Independent

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