The Property Podcast

Ask 168: Should I turn my flat into serviced accommodation? PLUS: Are all leasehold houses bad investments?

Informações:

Sinopsis

We’re kicking off 2019 with a bang on this week’s Ask Rob & Rob.   Our first question is from regular listener Neil who wants to know if he should turn his flat into serviced accommodation. Here’s an overview:   2-bed apartment in Slough city centre It’s currently on an AST with a 6 monthly review Achieving around £1,000 per month in rent Because of management fees and service charges biting into profit, he’s considering trying a new form of investment in serviced apartments   Neil reveals what info he’s already found out about serviced apartments but is still unsure as to whether it will be the right move for him financially. Rob D delves into the pros and cons of serviced apartments but does he think it’s a good move? Listen to find out what the final outcome was.   The second question is from Ben who wants to know if ALL leasehold houses are a bad investment. Rob & Rob have covered the leasehold topic countless times but you’ll have to listen to find out if Rob B’s opinion has changed since we