Property News · October 16, 2017

Should I let out my parents' old house or sell it and invest the capital?


I’m due to inherit my parents’ semi but most of the advice I have read concerns buy-to-let, not outright ownershipQ I am due to inherit my parents’ three-bed semi in the Wirral which is worth about £180,000. I have little idea about whether to sell and invest the capital for what I guess would be a return of about 2% from a bank or building society, or let the property which could give me a yield of about 5%. Similar houses in the area rent for £750 per month in the area. Continue reading…

Source : theguardian.com
Read more…Should I let out my parents’ old house or sell it and invest the capital?

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