Is this a good time to put money into real estate?

Conrad

HappyMJ wrote: »

I personally wouldn't bother with 1 bed or studio apartments. You have shorter lets and more voids.

My preference is studios and 1 beds for the following reasons;


+ it's the first wrung on the ladder and thus the easiest to let (in a deep recession it may be the only affordable option for many). You say '2 bed flats will always let' but in my considerable experience this is a baseless claim


+ Rent yield is highest. The uplift in rent on a 2 bed flat tends to be marginal but the price paid for a 2 bed tends to be about 30% more.


+ Smallest possible outlay. A typical B2L mortgage on these for me is very manageable. I have an empty flat just now (drug factory) and really it's not an issue to have no rent for a while.


+ Easier to manage and renovate, less to go wrong.



A letting agent works out of my own office (she rents space from me) and I see people with houses and 2 bed flats really coming unstuck


I sit here day in day out figuring out my next move in huge detail and so far studios and 1 beds have won the day

Gulash

Celifein wrote: »

You mean like the info that HappyMJ gave you in the first few replies to this thread? It sounded like you'd already decided on a one-bed, regardless of their advice, so what's the point in giving you more advice?

Relax, it's a matter of discussion, take it easy. You post your data and opinions, experience, arguements, etc. Others do so and we evaluate each post and discuss and form our own opinions.

Gulash

Conrad wrote: »

My preference is studios and 1 beds for the following reasons;


+ it's the first wrung on the ladder and thus the easiest to let (in a deep recession it may be the only affordable option for many). You say '2 bed flats will always let' but in my considerable experience this is a baseless claim


+ Rent yield is highest. The uplift in rent on a 2 bed flat tends to be marginal but the price paid for a 2 bed tends to be about 30% more.


+ Smallest possible outlay. A typical B2L mortgage on these for me is very manageable. I have an empty flat just now (drug factory) and really it's not an issue to have no rent for a while.


+ Easier to manage and renovate, less to go wrong.



A letting agent works out of my own office (she rents space from me) and I see people with houses and 2 bed flats really coming unstuck


I sit here day in day out figuring out my next move in huge detail and so far studios and 1 beds have won the day

very close to what I was thinking :beer:

bradelyjacc

It depends on which property you want to invest.You should invest on good property like 2-3 BR is enough to live or to invest for future.. You may contact with property delor .They wil suggest you best place for your better living in which city you want to live.