Hello my fellow PI's. I'm looking for a property to live in with the possibility to rent it out in a couple of years.
I have just come across a property in a beachside suburb in SA located 12kms from the Adelaide CDB. It's around 1200meters from the beach, some 650m2, 3 bedroom, 2 bathrooms and is going relatively cheap.
The only problem I see is the back yard backs onto a cemetery. Guess that's why it's going cheap.
I would love to know what other people think about living next door to a cemetery and from a rental point of view will it be difficult to lease.
It's an old house but with some cosmetic reno's will come up mighty fine.
look forward to hearing what others think of this purchase from an IP point of view - such as capital growth, ease of future rental and also from a resale point of veiw. Will it be hard to resell even if modern improvement are made, new bathroom/kitchen with quality fittings and fixtures?
I'm not sure how long this property has been on the market but I'm going to view this evening and will ask all the relavent questions.
looking forward to your valuable comments,
Cheers
Glamm888
I have just come across a property in a beachside suburb in SA located 12kms from the Adelaide CDB. It's around 1200meters from the beach, some 650m2, 3 bedroom, 2 bathrooms and is going relatively cheap.
The only problem I see is the back yard backs onto a cemetery. Guess that's why it's going cheap.
I would love to know what other people think about living next door to a cemetery and from a rental point of view will it be difficult to lease.
It's an old house but with some cosmetic reno's will come up mighty fine.
look forward to hearing what others think of this purchase from an IP point of view - such as capital growth, ease of future rental and also from a resale point of veiw. Will it be hard to resell even if modern improvement are made, new bathroom/kitchen with quality fittings and fixtures?
I'm not sure how long this property has been on the market but I'm going to view this evening and will ask all the relavent questions.
looking forward to your valuable comments,
Cheers
Glamm888