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.
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.
I think you should be asking: Which will fall the least?
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