Property Investor

[man o' the year]

I could not believe my ears.

Looking at property in more expensive parts of Bath - ideally a run down flat £300-400k, which they could do up and sell on to make money. They would then build on a plot of land that they own abroad with a view to further financial success. No previous experience save inheriting money.

I tried and failed to introduce the idea that they may not make money. "The right property always rises in price" she said.

[Tonkers]

I could not believe my ears.

Looking at property in more expensive parts of Bath - ideally a run down flat £300-400k, which they could do up and sell on to make money. They would then build on a plot of land that they own abroad with a view to further financial success. No previous experience save inheriting money.

I tried and failed to introduce the idea that they may not make money. "The right property always rises in price" she said.

Run down flats in Bath at £300 - £400K?

[tim123]

This looks a good oppportunity for someone:

http://www.auction.co.uk/residential/LotDetails.asp?A=711&MP=24&ID=711000031&S=L&O=A

Going price in the area is 400K (even for a studio).

Note that property currently doesn't have a bathroom!

(Link might not work if you don't have a login. It's lot 29 here:

http://www.auction.co.uk/residential/onlineCatalogue.asp)

tim

[man o' the year]

Location, location, location.

Rather

Aspiration, aspiration, aspiration.