Residential v Commercial

[inform]

Hello

Does anyone have any experience of both commercial or residential investments. Which provides the least hastle and which yields greater financial returns over the long term. Pros and Cons welcome.

Thanks

[lee2309]

Hi,

I have experience of both residential and commercial investments based in central london. It all depends on what scale you are looking to invest and how involved you will be.

what kind of residential investments do you have in mind? It is residential blocks or just one off flats/houses?

what experience at all do you have with the commercial investing and what are you proposing to do?


yet again everything will depend on what property you find!

[inform]

Thaks for your response

I own commercial premises jointly with my brother. We wish to invest in individual properties. I'm thinking in terms of a flat/apartment to rent out to a family member. My main home is in my name only and thought about putting the flat in my wifes name. Eventually my child would benefit from the assett. i'm not getting any younger and I don't want the hastle of a big commercial empire or anything, just something that will provide an income. Not sure what all the risks are some have said why sell when you already have a good property investment underway.

Any more ideas?

[lee2309]

Thaks for your response

I own commercial premises jointly with my brother. We wish to invest in individual properties. I'm thinking in terms of a flat/apartment to rent out to a family member. My main home is in my name only and thought about putting the flat in my wifes name. Eventually my child would benefit from the assett. i'm not getting any younger and I don't want the hastle of a big commercial empire or anything, just something that will provide an income. Not sure what all the risks are some have said why sell when you already have a good property investment underway.

Any more ideas?


Sorry I am a bit confused. do you want to buy one or many flats? if it is just one then it might be a good option putting it in your wifes name especially if you already have commercial assets. It might be a tax benefit later on but is no guarantee. I am not a tax expert. Can give you advice on mortgages.

Your wife will need to be working in order to obtain finance for a flat.What area are you looking to buy in?

[inform]

Sorry

I think I am confusing the situation.

1. I have commercial premises that I will be selling to invest in something else
2. I am thinking that investment to be 1 flat which will be put in my wifes name
3. My original question was should I buy another commercial property and let it out or would a residential property provide with greater returns. Just wanted to know the pros and cons of each really.

[Editor]

Try this Page:
http://www.landlordzone.co.uk/commercial/comprop.htm