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Anon Private
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I need a one-bedroom flat, but, from an investment point of view, if I can afford two bedroom apartment, should I consider this purchase?
Hello, welcome to the forumI need a one-bedroom flat, but, from an investment point of view, if I can afford two bedroom apartment, should I consider this purchase?
I've answered that on another thread for you... please try to keep topics on the same threadWhen buying flats, what is r regarding leaseholds, and leaseholds that include a share of the freehold. Are there disadvantages regarding the latter?
I personally would say the more bedrooms the better! You can also then covert them to HMOs (or Houses in Multiple Occupation). This is where you rent out the bedrooms to different tenants. This can significantly increase your rental income. You can also convert reception rooms to bedrooms... so the right two bedroom flat could easily become a 3 bed HMO property.Is it better to buy a one or two bedroom flat in terms of investment of capital