That 1970’s throw back came up in conversation again the other day. Is a Maisonette like a flat ? One of my landlords asked.
I replied ” thats an interesting question” They are very similar , as they usually are leasehold , but they have the USP of having their own front door , so they feel less “flat like” I gave him the example of this property in Alburgh Close , on the market with Absolute.
This is described as a maisonette. However has its own front door, no communal areas , with the world and his wife passing your by. This one is keenly priced and could rent for around £500/525 per calendar month. Not too shabby.
However a word of caution. Check out the management company. Is there a lease? How long is there left on it ? What fees will you be subject to ? There may not be ground rent , but what about maintenance charges?
This one has tenants. What are they like ? Are they in arrears ? Can you move agents if you want to?
Again: crucially doing you homework is key. Don’t have the time ? Then why not ask your local property expert to assist, more than happy to steer you through the minefield of investment.