Buy to let.

MartiMcfly

I've had a couple of rented properties, although I now just have one and looking to invest some cash in a couple of more ( for long term growth) Your in my age bracket, and it sounds like income isn't too much of a concern, so as the poster Conrad said, see it as a pension investment to sell off in 20 or so years when you're putting your feet up.

You should get a good rate with 25% down, the rent coming in should be able to cover the mortgage payments by 125%.

But as mentioned with 25% down, you should be able to get something like 2.5 % interest only mortgage, and you have to think of extra's like stamp duty, but you can claim against all these costs when you finally come to sell for your capital gains tax bill.

One thing I would say, be prepared for moans and whines from tenants about often trivial things, especially if their 20 some-things, but its all a bit of the luck of the draw -

As long as you keep the place to a standard you wouldn't mind your family living in, you can't really go too wrong- You tend to get good tenants who respect you ( in my experience and I've been renting flats for years) if they get the feeling you respect them, also charging a sensible rent will mean less void periods.

Liam_O

Marti,
The figure you quote is roughly what I expect,it just seems a no brainer for me for the long term.Ive always lived in nice properties and any property I let will be to a more than decent standard.
Im not looking to get rich quick more of a sustainable long term investment, if the first one works out ok which Im sure it will, I'll no doubt invest again.
If I'm honest my biggest concern is getting the right tenants.