U
UkpropertyNewbie
New Member
Hello.
New to property forum.
And new to the world of property in general.
However, I have an opportunity to buy My home, wich is currently owned by a housing accociation.
The plus sides are I have been a tenant for over 10yrs plus.
Wich qualifies Me as being entitled to the maximum discount at 38%
The property is a 3bed semi, within a very sort after location for family/rental and also developers.
It has off road parking wich I have done Myself.
Plus a 30ft patio plus garden to the rear of property.
There is also adjoining a side garden/potential build plot to the side of the property, either to sell with a.p.p
Or to build sell make a profit,
Or maybe rental.
There is Enough room for a 4/5bed detached/2x2bed semi, a front garden plus off road frontal parking
Along with rear garden.
I was informed from a local builder the plot as it’s in a prime location could fetch around 150/200k mark.
I’m not sure weather to work My way up building a portfolio for rental.
Or turn to developing and then selling
on a small scale to build cash investments
For the future for My family.
Advice on the best methods would be appreciated.
New to property forum.
And new to the world of property in general.
However, I have an opportunity to buy My home, wich is currently owned by a housing accociation.
The plus sides are I have been a tenant for over 10yrs plus.
Wich qualifies Me as being entitled to the maximum discount at 38%
The property is a 3bed semi, within a very sort after location for family/rental and also developers.
It has off road parking wich I have done Myself.
Plus a 30ft patio plus garden to the rear of property.
There is also adjoining a side garden/potential build plot to the side of the property, either to sell with a.p.p
Or to build sell make a profit,
Or maybe rental.
There is Enough room for a 4/5bed detached/2x2bed semi, a front garden plus off road frontal parking
Along with rear garden.
I was informed from a local builder the plot as it’s in a prime location could fetch around 150/200k mark.
I’m not sure weather to work My way up building a portfolio for rental.
Or turn to developing and then selling
on a small scale to build cash investments
For the future for My family.
Advice on the best methods would be appreciated.