Am I taking a risk by not being diversified? PLUS: Would you invest in ex-council houses?

It’s Tuesday and that means one thing… The Robs are back to answer your property questions.

Kicking us off this week is Tom.

Tom has two HMO student lets in Cornwall that he invested in personally. They both earn around £1,800pcm.

He bought the properties five and 10 years ago and while capital appreciation has been pretty decent, he’s never released any equity from them.

He’s saved around £80,000 and is looking to invest in another student HMO in the same location, but this time using a limited company, rather than in his personal name.

Tom can get a 4-5 bed property for around £280,000 and his rental income would be around £2,000pcm, with mortgage costs of around £600 per month.

He likes the hands-on side to his strategy and wants to keep at it but he’s wanting to know if it’s a risky option, tying up all his money in one location when properties further north are more affordable.

Our next caller this week is Rachel.

Rachel is looking to invest in South Manchester, around the Wythenshawe area, which is close to the hospital and airport, in an ex-council property and use the serviced accommodation strategy.

She’s wanting to know if The Robs think this is a good idea and if they’d recommend investing in an ex-council property.

Tune in to find out what they say.


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