City centre bargains

I've been looking at city centre apartments since the start of the new millennium. Thing is, they never made sense to me as an investor. What do I want with Philip Stark taps. Who is Philip Stark anyway? What's wrong with Wickes taps, surely a tap is a tap as long as it works.

Landlords - save time - 5 buy-to-let mortgage brokers - 1 FORM

I'm not subsidising my tenants
I looked at the costs. Not only was I going to pay out 30-40% more for the flat at the start, but then I had to keep paying some management company: to clean the halls, maintain the lift, the swimming pool, pay a concierge. My tenants don't want all those luxuries and they certainly aren't prepared to pay the extra £150+ a month to cover the costs. That would have meant it would of be me 'muggins' who would left having to foot the bill for them having a gym and swimming pool on tap. What do they think I am, a charity!

City centre apartments at 2001 levels
Miss Jones as you probably know is thinking about going to 'UNI' to study social work. I obviously couldn't bare the thought of her living in a squalid student halls with all those over sexed male students; so I've been looking at getting her something convenient in town whilst she studies. She pointed out this article in the Telegraph the other day. A new apartment in Bradford for £55,000. That's more my sort of price! I'm not paying anything over £100,000 and I don't care what sort of taps they've got. The article seems to suggest that prices for some city centre apartments are now back at 2001 levels. I have suggested to Miss Jones that with this 'credit crunch', if we wait a bit longer maybe prices will be at 1970's levels. That's more my preferred price range.

Still looking for a bargain
I have suggested to Miss Jones that we / I might be better off looking at getting a repossession at auction. After all I always buy my clothes second hand so I don't see why i should pay silly prices for a new property. Miss Jones had accused me of being tight, which i think is a little unfair. I did come across a couple of useful money saving websites for landlords the other day. There was freecycle, a bit hippyish for my liking but a great place to get or get rid off furniture. The other one is Gumtree which enables landlords to advertise their rental properties for FREE

Landlords save money on your buy-to-let insurance

Any way, I need to go, the tenant up stairs is calling me. The washing machine only work properly if two people sit on it.