Investment & Investing

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wildwest in reply to @NotThamesWater

there is fuck all money in that

I think that's a bit far fetched, granted the glory days are long behind us, but still a very viable option (esp during current low interest era). But property is proven investment that has out performed nearly every other conventional asset class.
Make sure you do your homework and your sums to make sure your more then covering expenses (esp tax) and keep a pot for potential issues. Most importantly find good tenants. As long as the property is local you can easily manage it yourself.

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NotThamesWater in reply to @wildwest

I think that's a bit far fetched

Is it? I mean, it's a fairly throwaway comment, but at the same time, after SDLT, (planned) expenses, income tax etc..., you're going to be lucky to get 1.5% yield (assuming you're not mortgaging).

[Edit] I guess it depends on where you're doing this

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