Ex-shared ownership as a buy to let investmentMake Text Bigger
I’m thinking of buying a 2 bed flat.
The only thing that worries me is that the flats in the block were all sold from new (about 5 years ago) to key workers & are owned with shared ownership with a local housing trust.
The one I’m thinking of buying has been advertised to key workers on their internal websites but had no takers. It has now entered the “actual” market at a realistic asking price.
I would be purchasing this with a view to rent out but I would be a first time landlord. I would be looking to sell again in the next 10 years.
Is there any stigma to a property that was once a shared ownership and indeed could still be neighboured by shared ownership properties that would ultimately effect the selling price at a later date?
I would be grateful for any advice.
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