ASK203: How would you spend £500k in the North? PLUS: Should I pursue a serviced accommodation strategy in Manchester?
This week we’re back to normality and The Robs are answering two fantastic questions that have come in from our Hubbers.
First up, we’ve got another Rob. He lives in Dubai and he’s got a whopping £500,000 to invest! He’s looking to invest his cash in the North of England and his strategy is to generate an income.
Obviously being in Dubai, viewing properties is a little tricky for Rob, so he has no idea what kind of property he should be investing in or where he should ideally be looking to generate that income.
Essentially, he’s asking Rob & Rob, if they had £500,000 to invest in the North of England, where and what would they buy?
So how would The Robs invest half a million pounds? Tune in to find out.
Next we have Amy from Hastings. She and her partner are looking to invest and are in the process of releasing some equity from their residential property.
To begin with they’re looking at buy-to-let properties in either Manchester or Leeds, but just off the bat, she wants to know Rob & Rob’s thoughts on Airbnb or serviced accommodation in general.
She’s not run the numbers on it yet and before she wastes her time doing so, she’s wanting to know if it’s a good strategy to go with?
Would Rob & Rob approve of a serviced accommodation strategy?
Hit the play button to find out.
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