I bought terraced house last year in november in Ashington (Im not local) . House is split (its still single title ) as 3 bed and 2 bed flat . The 3 bed flat is empty for about 6 months It had some viewings + I had some potential tenants but it always felt through. Flat is in good/ok condition .
At the moment 2 bed is rented so Im not losing money but Im not making any money either which is not great .
I think tenant in 2 bed flat is moving out soon so I will need to find someone asap .
Can anyone recommend solution ? Do I just wait or do I keep lowering rent until I find someone ( its 415£ pcm ) ?
Any recommendations are appreciated.