Buy to lets again....

[AndrewP]

Got a place that could offer you 7% on that budget, a flat near a business park, never had a month without rent in 8 years. Extended lease, furnished and a sitting tenant.

It's in Sunderland, let me know if interested, threat of redundancy means I'm trying to de-risk.

He doesn't want to buy in Moorside, he's only after smoggy infested places man.

 

[Icarebecauseyoudo]

Got a place that could offer you 7% on that budget, a flat near a business park, never had a month without rent in 8 years. Extended lease, furnished and a sitting tenant.

It's in Sunderland, let me know if interested, threat of redundancy means I'm trying to de-risk.

Is it near Cumbria?

Why does everyone want to sell these great investments?

 

[TheWanderer]

Is it near Cumbria?

Why does everyone want to sell these great investments?

As stated, im de-risking because of threat of redundancy....

...if the redundancy package is substantial though I'll be keeping the place, or getting back in on the same estate.

 

[007Iron]

Is it near Cumbria?

Why does everyone want to sell these great investments?

Ours was always just a canny extra income, but which would eventually be sold and split between our kids. Eldest will soon be looking for her own place. Selling now would be preferable to trying to sell last-minute, when she finds a place.

Shame, really, because the tennant has been in for 2 years, and is keeping the place right.

 

[I Told You I Was Ill]

If you're looking at teeside, try the roseworth estate in stockton. Very close to the hospital there. I've got a couple of places on it, there's always good demand and tenants have stopped there for a good while.

Across the main road from there through stockton (a177) is hardwick estate, that's more lower end, but a well presented house will still rent well (slightly cheaper to buy as well of course).

 

[Icarebecauseyoudo]

If you're looking at teeside, try the roseworth estate in stockton. Very close to the hospital there. I've got a couple of places on it, there's always good demand and tenants have stopped there for a good while.

Across the main road from there through stockton (a177) is hardwick estate, that's more lower end, but a well presented house will still rent well (slightly cheaper to buy as well of course).

Hardwick is a notorious hell hole , but I'll look at the other

 

[Boris Bear]

Looking at sedgefield and croxdale at the moment

Spennymoor. Big yield and they're building that huge business park there

 

[lenshack]

I find it's always best to buy something within easy reach, where I can keep an eye on the job.

 

[ProfessionalMackem]

It's like shangri la compared to the villages near the coast like

Go there quite often, just see old dears doddering around the high street

Which bits? I work in Loftus quite often

 

[Deadliest Catch]

Bowburn. I am about to list mine. 85k. Value 95ish. New build. 550pcm sitting tenant. No bother. No problems. Handy for commuting to anywhere NE.

 

[Gutmackem]

Sell you mine - £450pcm, sitting tenant. Recently refurbed. £65k Easington.

65k in Easington? Which street is it your selling

 

[Abu Dhabi Red and White]

It's the mecca of the North East, Easington.

Pay no attention to the delapidated, rat infested, burnt-out school. Think not of the 2-takaway-outlets-per head of population. Look not, upon the abandoned highstreet. Easington is the place to be.

Take Heeeed though -

















very far away if possible.

65k in Easington? Which street is it your selling

Estate?

 

[Icarebecauseyoudo]

Bowburn. I am about to list mine. 85k. Value 95ish. New build. 550pcm sitting tenant. No bother. No problems. Handy for commuting to anywhere NE.

You're listing that at 85 yes?

 

[Royal 8er]

ICarewhatever in money making obsessed thread shocker

 

[Icarebecauseyoudo]

ICarewhatever in money making obsessed thread shocker

Des in lunatic rambling shocker

 

[PTR]

65k in Easington? Which street is it your selling

Nar, not that part of Easington

 

[shogun1904]

I'm liking the look of guisborough. Popular town centre, commuters to boro, and relatively scratbag free

I know loads of wrong'uns from Guisborough like.

 

[Icarebecauseyoudo]

I know loads of wrong'uns from Guisborough like.

You probably know ALL of them

 

[shogun1904]

You probably know ALL of them

Maybe.

 

[AndrewP]

Bowburn. I am about to list mine. 85k. Value 95ish. New build. 550pcm sitting tenant. No bother. No problems. Handy for commuting to anywhere NE.

Why are you selling for £85k if it's worth,£95k?