Ok, so which would you say gives a better return on your money if buying to let?
Both up for £160k -
Personally I'd go for the two bedroom cluster house. It would rent for around £650 per month in the current market, and a modern one bedroom flat (sorry, apartment) would fetch £600 at the most. Then you've got ground rent, maintenance and insurance on the flat to pay for, meaning your return isn't as good. You'd need to collect all the figures and make a choice, but i'd take the house every time!
The flat also says 'offers over', whereas the house could be up for negotiation and be an even better return.
No comments:
Post a Comment