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Buying house with second property on site
Comments
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@user1977 ideally we'd need a mortgage because while we could just about cover the asking price outright, the 40k of land transaction tax we couldn't stretch to, never mind the alterations that would be required.
I think it's a no-go unfortunately
While it's not priced horrifically on the face of things, considering the huge LTT, and the massive ongoing council tax bill it just makes it not a very good buy0 -
whilst it appears to have a history of AirBnB use, there may be planning condition restrictions on letting it on a full tenancy basisgwynlas said:If the annex is completely self contained and you do not want to run it as airbnb why not ask the EA how much it would rent for in local market? Tenants would be responsible for their own bills and you would make some income2 -
It will depend on whereabouts in Band G, the house currently sits. Towards the bottom, incorporating a non self contained annex probably would not increase the band. Towards the top, it may increase.If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales1
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Can't help you with the original question, but can you remove the kitchen from the annex/outbuilding, and fit it in the main house?0
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