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Buy This Flat And The Tenant Is Thrown In For Nothing!

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What's remarkable about that? Properties with sitting tenants are bought and sold all the time. It's perfectly normal. Been happening for centuries.

I think the implication here is that the tenant actually belongs to you. :o

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I like the view of the bowling alley car park. Looking at some of the photos people use, you really wonder whether they actually want to sell! :lol:

120459_00835_N_WB06.jpg

post-5211-1181110571_thumb.jpg

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I think the implication here is that the tenant actually belongs to you. :o

Scraping the barrel a bit with threads like this. I see offers like this all the time - saves the buyer finding a tenant.

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Guest xeouialp

I like the idea of owning the tenant. Do they take a lot of upkeep or can you get an agency in to maintain them?

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You can rent an identical property, in the same block, two bedrooms, with a better view for £695 - http://www.lettingweb.com/properties/view/...treet-g3-147877.

Can someone do those sums that show how much you can save by renting/lose by buying, they cheer me up.

why not do it yourself:

http://www.mortgagesexposed.com/Spreadshee...20or%20Rent.xls

Over 25 years, assuming realistic scenarios, buying will be better. Thanks to inflation, you buy with expensive pounds and pay off with cheap ones.

You might find this useful: http://www.mortgagesexposed.com/Book_Conte..._investment.htm

...or you can just ignore it and live in the HPC site alternate reality! I think no one will deny that there may well be better times to buy. Ideally we would buy at the bottom and sell at the top, but this isnt the whole story when buying a longterm home/investment :).

GL!

Edited by Orbital

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