It’s no secret I hate admin tasks, and what is more adminy than looking at properties, weighing up pros and cons, dealing with estate agents, urgh.
My strategy is to probably live in this place for 6-9 months of the year. The rest of the time I’ll use the glorious rental legal (and potentially tax) loophole of short term lets. I’ve done my DD and for my budget can expect to net £2k+/month (after management fees) putting my place on platforms such as Airbnb. This would more than cover the mortgage and give me some walking around money in Seville, Bali, Krakow, or perhaps some quaint town in Yorkshire.
Spending a bit extra on plush furnishing, some art, basically anything gramable should help secure the bag.
Extend I’m willing to sacrifice 6/10