I can't believe it, it's been over a year since I visited this page and I still don't have any properties in our "empire". Reading back, I gave up on City View even though it had a great rental income and we carried on looking. Anyway, we found another apartment (actually 2!) just off Deansgate in central Manchester.
So, a good deal was done with a desperate seller (making a loss), but then the credit crunch hit just as we were trying to get a mortgage and that completely screwed up any profit that could've been made. For several months we tried to get a good deal, but eventually had to pull out due to sky-high interest rates on BTL mortgages.
So, we are going to leave it for another year and instead this blog will concentrate on my efforts to renovate my existing property, aka "my home".
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