We just conveyed on this diamond in the rough. We always look to buy the worst house in the best area. This property definitely needs updating. It is actually a semi in a very good area outside of Manchester. We will be investing monies a bit shy of 180k and will receive govt on backed rents for 10 years and maybe longer of excess of £19200 a year. We believe in the safety of the semis in good areas. Safer than money in the bank. In the last housing crisis people lost money with banks and were only insured up to £85k. Watch our progress on this refurbishment.
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