One Bedroom or Two?



ORIGINAL POST
Posted by lalib 15 yrs ago
hello all,


I just need some advice.


I'm thinking about buying a property in a few months time for my own use. I'm a balchelor and for the future it would be ideal to have a two bedroom apt.


One bed (575 sq ft)would cost 130K

Two bedroom (750 sq ft) cost 200K


this is based on 5% downpayment and stamp duty, legal and estate agent fees.


My question would a one bedroom appreciate in value the same or similar to a two bedroom? Coz after some time I would need a bigger place anyway.


Also is it easier to rent out a one bedroom compared to a two bedroom?


As you know its the Stamp duty for a two bedroom that takes most of the chunk.



Appreciate feeback.


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COMMENTS
Philly Cheese 15 yrs ago
You must be using some other currency because your prices do not look right. Your question is too general - need to look at things like location, type of tenant you want to attract, age of building, any roof, etc.

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OffThePeak 15 yrs ago
I think you should be asking: Which will fall the least?

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