Holiday Let Vs Tenancy

[pacharan]

Very tempted by a house in Hayle.

2 up 2 down late 19C terraced cottage on for £190k.

Letting agency said it could bring in £550-600 pcm. Not very good.

Holiday let co. reckons I could rent it out for £500 pw.

Seems a no brainer but you have to take into account the winter etc. I guess it could be rented out on a 6 month lease for those months.

Anyone here have any experience of weighing these thongs up?

[AtW]

Oh FFS, house prices will crash massively in 2012, didn't you get the memo?

[bobsyouruncle]

Who would go on holiday to Hale?

[d000hg]

Oh FFS, house prices will crash massively in 2012, didn't you get the memo?

Only a total moron would have attempted to buy property this year, you mean?

[d000hg]

Who would go on holiday to Hale?

Unless it's a typo for Hayle?

[fullyautomatix]

Only a total moron would have attempted to buy property this year, you mean?

Wrong! Only a clever suave investor would have attempted to buy a property this year.

[pacharan]

Who would go on holiday to Hale?

Surfers

[MarillionFan]

Wrong! Only a clever suave investor would have attempted to buy a property this year.

And a building plot.