Lifestyle Changes, has anyone made any. | on ElectriciansForums

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S

Squid

just asking as at a loose end and fancy a challenge and a different lifestyle bu the coast, seen another place but under offer converted in to a 3 bed for the owner 1 x 2 bed 1 x 1 bed and a 1 x studio for ÂŁ780k, the figures add up for the rental income and then I can bum around for a bit more and buy nicer cars, seen this needs some work but if I could make a go of it then I have time on working on a business with residual income.

Thoughts and advice appreciated from all and sundry.

Check out this property for sale on Rightmove! - https://www.rightmove.co.uk/property-for-sale/property-72172112.html
 
separately, SWD...I think your ongoing costs plus acquisition costs make that proposition marginal...
imagine if you had to rewire everything??? at what cost???
cos you know those sparks are very expensive!
 
separately, SWD...I think your ongoing costs plus acquisition costs make that proposition marginal...
imagine if you had to rewire everything??? at what cost???
cos you know those sparks are very expensive!
Sell place in London to fund the whole process, can sort out sparks etc etc
 
If I were your financial advisor I might suggest that with such a big pot to play with you would be better off buying many more places in cheaper areas, and sell them off one by one to fund pension later...nowadays, any borrowing for buy to let is a no-no.
 
Was diagnosed with hypertension a few months back. The hidden killer.

Trying to control cholesterol and stop drinking in the week. Not easy with this lovely weather.
 
sparked your interest...
Lol! I see what you did there!

new tax regime kills letting with mortgages attached, but otherwise it's a goer, for sure
 

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