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Russianrobert

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  1. Why not use an assured shorthold tenancy and then it can just roll over?
  2. Generally speaking i'm not a fan of ground floor flats but it does depend on the layout of the building. Ground floor can be noisy, everybody passes through there and sometimes congregate there. Main entrance, lifts, mailboxes, bin room etc. Security issues as mentioned. Some buildings offer more outside space/small garden to ground floor flats, worth considering if that's the case. No added fire risk on ground floor. Higher floors better vIew if there is one. If the building doesn't have a lift i'd avoid 2nd floor and above. Each building needs to be considered on it's merits
  3. We can use all the professional help we can get. Thanks in advance for your input
  4. Check on Rightmove and Zoopla for flats in your area as well. If the market is big enough for unfurnished properties there then landlords would be offering properties accordingly.
  5. I'm sure ladies attach more importance to the bathroom than men when choosing a place to live. I have a dressing table in the bedroom which a previous tenant used to sit at and apply make up. I'd like to hear from any ladies with their views...in fact any insights on how to make a property more female friendly...they are after all potentially 50% of the market. Things a landlord could include (or even exclude) that women might appreciate Cheers
  6. Thanks for the reply, I’m glad I got a female response. My market is mainly young professionals and not families, for which no bath would be impossible. I also agree most young professionals wouldn’t have an issue foregoing a bath for well appointed shower but I wasn’t sure about female tenants. I was thinking perhaps enough of them would prefer to have a bath than men? Strange, a bath is a very British thing. Having spent most of my life living and working abroad I have lost the habit. Most one bed flats I’ve seen overseas have shower only...far more sensible to my mind
  7. Hi, i've moved back into my rental property, a one bed flat in docklands, London until the current situation settles down. I've taken the opportunity to do a few jobs around the place. I'm in the process of changing floor tiles in the bathroom and have always fancied the idea of a walk-in shower. I'm fed up with stepping over the bath to take a shower, in fact i've never used the bath...i'm sure i'm not the only one! I'm thinking of removing it and installing a walk-in shower, while i've got the tiles up. I can do most of the work myself to reduce costs. The bath is a little dated but still okay for a few more years yet. Of course, the longterm plans are to return the flat to rental and my personal preferences are not the real issue. So how do others think a new walk-in shower only would effect rentals? Cheers
  8. I bought a house in Milton Keynes back in 1980. MK was a huge new town project with development that went on for decades and still going on now. This didn't stop all property prices rising over the years. Buy in a good location keeping in mind the towns future plans. But always remember, life doesn't come with a guarantee
  9. ...agreed but i'd go further. If at all possible don't simply rely on an agent to source tenants, meet them yourself and use your gut instincts.
  10. Also watch "The Big Short', currently on Netflix for an insight to the scale of the scandal...
  11. ...in my opinion i think this talk of the demise of the office is overplayed. Companies have had to outsource their office staff due to Covid and while many will be able to remain there, many are going to return as restrictions are lifted and people get more confident to venture outdoors. Also, when the economy and productivity return i think there will be a drive to get many back to the office...What will happen when the novelty of working from home has worn off and people begin to miss their colleagues and office social life? I'm not sure that in 12 months or so being cooped up at home all day will look like such a good idea ;-)
  12. That was exactly what i was going to say when i read the title of the thread. I would go further, don't stretch yourself too far on any investment and have a plan for the worse case scenario. Don't survive on one income check to the next and try to keep a comfortable buffer between yourself and the receiver
  13. Hi, how are landlords finding the rental market at the moment, specifically London? Turnaround times and rents achieved? I've heard conflicting reports. I'd also welcome comments on other regions of UK for context, how's the market performing in the area you let your property? Cheers
  14. Yes, i see a big opportunity at the moment. I'm going to opt for a fund so interesting to hear about terrier's Vanguard ETF. A few people have recommended Vanguard due to their competitive charges...will definitely be checking them out. Cheers I might go in for some shares as well but don't know too much about investing directly in equities. Physically easy enough to do, loads of platforms out there but the research is a bit of an issue for me and not something i really want to do on a daily basis. Lot of people talking about airlines, energy, banks etc. Would be interested to hear about what people are buying I think the market has a bit further to fall yet so i'm holding on for a bit longer. The market can't seem to put together a few positive days in row. Big falls followed by a bounce and further big falls. Coronavirus isn't going to be around forever, as soon as the market can figure out the extent of the damage we could be in for a big move up. Problem is, how larger hit is the economy going to take and how long to recover? Cheers
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