rentals in the UK(terraced houses)

[Harry Wilson]

Hi there, does anyone here own rentals in the UK? I'm coming back to England and plan on acquiring rental properties.

[Charles Maxwell]

Hello Adrià,

There are plenty of areas in the UK for Fix and Flip. (or my preferred Fix and Refinance, to buy again, renting out for long term growth and rental income)

The key part for you will be gaining the team of skilled trustworthy trades people in the UK, like you have over there in Spain.

I get offered and source property that can have value added or can be refurbished all over the UK. The price at 75k is a useful starting point as this suggests the north part of England will have suitable property around that price. My questions would be:

is the 57k to include the refurb budget?

Is that for a cash purchase or using finance?

What profit do you typically create, in what timescale in Spain?

I see the benefit of investing in two markets but if Spain, which you know and are successful in, has the propensity to be more profitable I would be inclined to repeat what works till it stops. Or maybe look for a simple discounted Buy to Let opportunity where you don't have to coordinate any works remotely. It may be that that is half the appeal and a trip to the UK to make the money and oversee the works is of interest....

Send me a message and let me know more about what would be ideal for you and i'll see what I or anyone I know can do to assist.

All the best,

Charles