fully let at £400 a room per month, a monthly income of £2,000 / £24,00 a year

Running costs are under £300 per month, (Gas and electric £100, Council tax £108, Water £40, Broadband £40)

These houses are currently valued at £155,000 - £175,000

Vendor was asking £195,000. We have secured the deal at £180,000, meaning even after running costs, it will show an 11% yield.