Jump to content

alexlon

New Member
  • Content Count

    8
  • Joined

  • Last visited

About alexlon

  • Rank
    Newbie

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Thanks dino v much appreciated you taking the time to give such a comprehensive and helpful response.
  2. Thanks dino v. I just couldn't rationalise the reason for not buying. Do you have other suggestions on how to assess areas (e.g. driving around, crime rates, cleanliness)? Thanks again
  3. Hi all, As mentioned in one of my previous posts, I have recently started looking into property investing. I have done a lot of research however I still have a question that I can't find answer to. I don't mean to offend anyone but a lot of properties that I have found with potential good return 'on paper' (ROI c.10%) have a quite low c.£70-80k price. The areas are Bestwood, Garston, Liverpool L19, Bootle. I'm a bit concerned in terms of the type of tenant that these properties will attract. My logic is that most of people (on an average salary of c.£20-25K) should easily be able to get a
  4. Thanks Adiel much appreciated. The dilemma that I’m facing is that apartments in city centres (e.g. Manchester, Liverpool) after service charge and ground rent don’t yield very much. On the other end, high yield deals are in rough areas. Do you think it’s wiser to wait for a market correction? Thanks again
  5. Hello everyone, I have come across this deal and I would be keen to get some of your expert view/advice. Details: 1bed apartment Location: Manchester M15 4PY (city centre) Price: £175k (discounted from £194k) Currently managed by Premier Residential Lettings for 5% (+VAT) p.a. Service charge: £1,480 p.a. Ground rent: £350 p.a. Occupied @£850 p.m. Free furniture pack Finder fee £3,000 (+VAT) Soucer: Prime Property Agents Occupancy since 2015: 95% Reason for the sale: Seller needs to sell to complete a bigger project
  6. Hi everyone, I'm just getting started and a lot of things (and questions) go through my mind! One of these questions is, how would the section 21 proposal affect the example below. Example I rent out my investment property on a 12 month AST At the end of the fixed term I want to either do some work and rent it out at a higher rent or increase the rent. In the latter case though, the tenant continues to pay his normal rent and/or refuses to pay the increase or move out. Is it correct to think that the tenant will need to build up 8 weeks of arrears to use section 8 (
  7. Hi all, I have been following the podcasts, forum and articles on this site, although this is the first time I have posted. I'm looking at Liverpool as a place to buy my first investment property and I'm really keen to get your suggestions/recommendations in terms of areas and potentially contacts that I can reach out to (e.g. sourcers, agents). My idea is to buy something in the city centre (or nearby) for short term rental. I heard that areas such as Ropewalks and Baltic Triangle are quite interesting. Any thoughts would be much appreciated. Thanks, Alex
  8. Hi all, I have been following the podcasts, forum and articles on this site, although this is the first time I have posted. I'm looking at Liverpool as a place to buy my first investment property and I'm really keen to get your suggestions/recommendations in terms of areas and potentially contacts that I can reach out to (e.g. sourcers, agents) to line up some viewings. My idea is to buy something in the city centre (or nearby) to then do BTL/SA/Airbnb. Your help would be much appreciated, Alex
×
×
  • Create New...