good advice...
although everyone is talking about finance..which you dont need to do as you can buy outright..
i think what david is touching on is the fact there are other costs apart from purchase price..e.g lawyers, closing costs, bills, maintenance...
essentially you need to be able to cover all costs working on a 0% yield, otherwise you are opening yourself up to risk...
however i have sold studios here at 15k to people, however most of those people are buying more for personal use..
best of luck whatever you decide to do...
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