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Thanks very much Y-man, good info to start with. Do you think the easiest way would be to include all those things in rental rather than trying to charge them for utility bills separately? What about telephone and internet, how would you ensure each tenant is charged fairly, for what they used...

Thanks for your reply Icarus. What concerns me is that the property that I'm interested in is not very close to uni but as I mentioned it is a walking distance to transport. Do you think it would be a problem finding tenants? As far as I can see there are not many students in the area. Thanks again.

Hi there, I'm thinking of buying a house and making it shared accommodation for students. The house that I have in mind is not in the proximity of any university but it is very close to the train station (direct line to one of the uni's), close to shops etc. Has anyone gone through this...