Property News · August 5, 2017

Goodbye to buy-to-let: why I’m moving on after 13 years as a landlady


Like many landlords, a first-time property investor is cashing out – after a profit of £190,000 almost entirely due to house price risesI bought my investment flat in 2004 for £155,000, the last to go in a new development just off Oxford’s Cowley Road. It was pre-crash, both in national and personal terms, and I entered into the business of being a “virgin landlady” with great optimism and enthusiasm.Thirteen years later I’ve decided to sell, despite the fact that the flat rents like a dream thanks to its location, its loveliness and Oxford’s insatiable appetite for rental property. Continue reading…

Source : theguardian.com
Read more…Goodbye to buy-to-let: why I’m moving on after 13 years as a landlady

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