Buy in Barnet, Richmond or Walton on Thames??
I'm a first time buyer and I've been trying to buy for about 5years but not been able to follow through because of change in personal circumstances working away from main base and relationships. I've managed to save #100,000gbp and earn #40,000, so I can afford a #300,000 mortgage (apologies US laptop). I've rented my current flat for 5years and been renting in North London for the last 10years. My eyes water when I calculate my rent. #990 in Enfield North London. I might move away for work for about a year next year but I'm tired of paying off someone else's mortgage. Of those three which would you buy a 2bed ex-council to live in and then rent out in a couple of years? Ie for good capital growth and rental yield? What is the rental market for in Barnet like for flatmates compared to the others?
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