R
Robert1989
New Member
Hello
I am pursuing a property portfolio targeting cheap housing stock mainly located in the north of England. Property prices will range from £25,000 to £40,000 and brought for cash.
Renovation works will be carried out and I plan to then turn the properties over to the rental market likely to those requiring affordable housing or claiming housing benefits.
I solely intend to build a large enough portfolio of this cheap housing stock, 10-20 houses, and to use rental yield towards purchasing additional houses.
To diversify I expect to buy more valuable housing stock in more affluent areas once income allows.
I would like to hear from anybody who has ventured down this road before and can offer an insite into how successful they were.
I am pursuing a property portfolio targeting cheap housing stock mainly located in the north of England. Property prices will range from £25,000 to £40,000 and brought for cash.
Renovation works will be carried out and I plan to then turn the properties over to the rental market likely to those requiring affordable housing or claiming housing benefits.
I solely intend to build a large enough portfolio of this cheap housing stock, 10-20 houses, and to use rental yield towards purchasing additional houses.
To diversify I expect to buy more valuable housing stock in more affluent areas once income allows.
I would like to hear from anybody who has ventured down this road before and can offer an insite into how successful they were.