Buy To Let

penwise

I am thinking of buying a property to let out. I live in Northern Ireland.

From what I have been reading not sure N Ireland is best place for real yields.

Should I consider buying elsewhere eg Scotland and using agency to look after it?

I am concerned about the distance and lack of hands-on control and having to rely heavily on some one else.

Any guidance ,thoughts , opinions or anyone's own experience of doing this would be appreciated .

Thanks

buglawton

Absolutely ensure you are within an easy 30 minute journey of it. Faraway BTLs are for professional or accidental landlords, or for people who live in a place too excruciatingly expensive, e.g. central London to afford a local BTL. You already live in what sounds like an ideal BTL locality.

You can also add to your income by managing it directly without an agent.

penwise

Thanks for the reply.