SG CSL 1 owner 5,500 MILES

[83SY]

I'm very interested, long term investment for sure. Pm'ed Mark so watch this space

[toplad]

Originally Posted by Yanto

My advice is to hang onto it then for another 5 years.....wait for this shitty economy to pass.

So true.

CSL prices have held up unbelievably well considering

[83SY]

What's this car going to be worth in 10years with sub 10k on it????

[shane@mbtech]

Originally Posted by 83SY

What's this car going to be worth in 10years with sub 10k on it????

Who knows. Take a guess. Its certainly a gamble.

I reckon a cheap house right now for 35k will be a better investment.

The CSL might rise slightly in value, but the house will too. But a 35k house will get you £350 a month too

[bryce]

Where can you get a 35k house lawsy with 12% yield? That's defo better than in the bank.

[shane@mbtech]

Originally Posted by bryce

Where can you get a 35k house lawsy with 12% yield? That's defo better than in the bank.

I bought a house for 35k. I was going to rent it for £375 a month. Never did, didnt have time for tenants at that time.

Sold it 18 months later for £47k.

Plenty of cheap houses/flats about at the minute, in poor areas. Its just whether you are savvy enough to put up with poor tenants or not.

I used to collect debt from bad tenants for a few people who did'nt like getting there hands dirty, so it wouldnt bother me, whearas others would only go the "legal" route.

Depends if you can be bothered.

[azrael]

Originally Posted by bryce

Where can you get a 35k house lawsy with 12% yield? That's defo better than in the bank.

oop north, tends to be on estates, but you can get good yeilds

[azrael]

Originally Posted by 83SY

What's this car going to be worth in 10years with sub 10k on it????

Probably purchase price today minus cost of carry

And the guilt of having never really driven it as intended

[83SY]

Originally Posted by lawsy

I bought a house for 35k. I was going to rent it for £375 a month. Never did, didnt have time for tenants at that time.

Sold it 18 months later for £47k.

Plenty of cheap houses/flats about at the minute, in poor areas. Its just whether you are savvy enough to put up with poor tenants or not.

I used to collect debt from bad tenants for a few people who did'nt like getting there hands dirty, so it wouldnt bother me, whearas others would only go the "legal" route.

Depends if you can be bothered.

Nothing near me for 35k & I hate scum bags so I couldn't deal with the hassle... you are right tho...

We lease my wifes hair/beauty salon so went down the road of buying that but expensive damp issues put a damp'ner on that (excuse the pun)

[CraigMillwardCroft]

Originally Posted by lawsy

I bought a house for 35k. I was going to rent it for £375 a month. Never did, didnt have time for tenants at that time.

Sold it 18 months later for £47k.

Plenty of cheap houses/flats about at the minute, in poor areas. Its just whether you are savvy enough to put up with poor tenants or not.

I used to collect debt from bad tenants for a few people who did'nt like getting there hands dirty, so it wouldnt bother me, whearas others would only go the "legal" route.

Depends if you can be bothered.

The legal ruote sucks, I just chuck them out if no payment, only had to do it once so far, wish there was some cheap property near me would get a couple more places.