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Showing results for tags 'wales'.
Found 8 results
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Hi Guys, I am looking at Cardiff as a potential investment area. The fundamentals are strong and i am trying to find the best areas within the city to invest in. Does anyone have any experience or knowledge they wish to share/discuss relating to Cardiff as an investment? Thanks, JT
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Hi, I have seen this detached house in Gorsgoch SA40 9TE on John Francis website for auction, and I have seen this house, my question is that I haven't bought a house in Wales before are there any different rules? I know they don't have stamp duty but have a cheaper land tax but apart from that are there any restrictions? The house has a new roof and plans for a loft conversion (2 extra beds and a bathroom). Any advice? Thanks JL https://www.johnfrancis.co.uk/pages/auction_property?lid=160083
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Hello all, I've listened to all of The Property Hub podcast and now a new forum member. I am based in Kent but as a keen mountain biker spend some time in Wales, in particular Afan Forest. I am interested in buying a property that requires a refurb close to the Afan Forest Mountain Bike Trail Centre with the hope to do it up and run it as a Holiday Let for mountain bikers and hikers. I was looking at smaller villages such as Cymmer, or possibly larger towns like Maesteg and Neath. Putting Covid to one side, my hesitation is that bookings will be much slower during the winter months and during the week year round, does anyone have experience doing a similar thing in the area? I was also thinking Port Talbot might be a safer option as it’s still close to Afan but has the additional advantage of being a larger town with the beach and promenade with good Buy To Let fundamentals, meaning it could provide a plan B option if the bookings aren’t steady enough? Any insights, recommendations, or thoughts are welcomed! Thank you, Ryan
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I will be moving to Wales in next 6 months. My plan is to stay for 4 to 5 years in Cardiff and then after that i will be moving out of UK. I am wondering if getting a mortgage in Wales would be a good idea and then letting it after 4 or 5 years? I am a first time buyer and need your kind advice as to whether issues of 1) Coverting to buy2let later would be economically feasible? 2) Would the benefits be worth the hassle of managing tenents, considering i wouldn't be in UK myself? 3) What would be more reasonable in this situation a flat or house? I know its a lot of questions, but these things are constantly on my mind and being a newbie I don't have much knowledge of mortgages etc so i would be grateful for your advice about this
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Hello Welsh friends, Whilst looking at some very expensive terraces in Reading a few weeks ago, the estate agent finally confessed to me that he wouldn't actually buy these himself but instead he was investing in south wales - HMO's mainly. I then had a second property proffessional mention south wales as one to watch. Im looking at properties in Swansea and the surrounding towns - does anyone have any thoughts on this area as an area to invest in? Many thanks Lisa
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Hi everyone. I am totally new to property investing, and trying to soak up as much information as possible.... There is a lot of good (and bad) information floating about on the internet at the moment, it can be hard for us newbies to filter out. As a totally newbie I am looking at investing in the south wales valley areas, my original aim was to start with small cheaper 1/2 bed units to focus on LHA tenants. Although now am leaning towards flipping more run down small houses, and refreshing them to a decent standard for 1st time buyers with aim to building deposits on a 2:2:1 basis. Would love any opinions on this, and introductions would be greatly appreciated. Jon
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Hi everybody and a big hello from Paris! I recently joined the world of property investment. The advantage of being "green" is that I don't have any bad habits to unlearn and I am 200% teachable. I have decided to jump straight into HMOs and multilets, my target areas are quite vast: South Wales, Wiltshire, Nottingham, Manchester, Liverpool and Hull (for now!). I am looking into a property in Wales and it is stated that the Leasehold tenure is "99 years from 4 April 2003". My question is: using that information, how do I calculate how many years are left on the lease? From what I understood in my training, 70 years left on a leasehold is short, so it's important to know this basic information. Don't laugh, told you I was green! Thanks in advance to all who will read/reply to this post. Cheers! Katherine -
Hello! Thank you Rob and Rob for having an internet presence that can't be ignored. I only found out about you a week ago and my life is a new, busy, interesting place I'm a professional model & accidental landlord (as a result of moving out of my London flat to buy a house with my husband, but keeping it on to rent it out). Now I've saved a deposit to do a buy-to-let on purpose this time, and am hoping it'll work out as well as the first, because I need an eventual exit strategy for my day job - modelling is HARD on your joints. I'm hoping to buy in the West Midlands, since I drive through there a lot, and won't have time to view properties at all if I don't go for an area that I already pass on an regular basis. I find maths absolutely horrifying, so am writing everything down in a bit of a panicky attempt to make decisions underpinned with rationality. And that's all for now
