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but this is likely to be offset by the strong rising house prices in Bristol right, so it still makes sense to keep hold of it?
That assumes that house prices in Bristol do continue to rise. Maybe they will, maybe they won't. It's tough to tell at the moment.
Depending on what you are earning elsewhere you could be paying a fair bit of tax on that rental income
http://www.which.co.uk/money/tax/income-tax/guides/tax-on-property-and-rental-income/how-rental-income-is-taxed
aggi
It's talk like this that makes me think I should probably just sell the place and bury the money in the ground. I'm not ready to be this grown-up yet.
but this is likely to be offset by the strong rising house prices in Bristol right, so it still makes sense to keep hold of it?