The Property Journey Continued UNFINISHED

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It’s been several months since you heard about my property adventures when I told you I was in the process of trying to buy 5 properties – so today I thought I’d take the opportunity to update you and let you know where I’ve got to in these months past.

This was the title of that newsletter – about buying 5 properties:

Buy More Properties

So now, whilst at that time technically I owned none of them as I was working through the various mortgage applications – my oh my what a journey it has been!

Technically now I own 4 properties and am in the process of trying to buy 5 more.

Order – the properties that I own are:

  • A one-bedroom flat in West Drayton – mortgage around £350, rent £875
  • A one-bedroom flat in Dudley – mortgage around £75, rent £400
  • A two-bedroom flat in Dudley – mortgage around £90, rent 485
  • A two-bedroom house in Shildon, mortgage £0, rent £330

What is now pending is:

  • A three-bedroom house in Shildon, mortgage £0, rent £330
  • An MUP (multiple unit property), mortgage of £485, rent £1,500

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