Just looking for some input here...
I bought my apartment in 2014, current mortgage is around e700 per month.
In the process of completing a house sale with my partner.
If i sold the apartment, I would probably make about 40-50k.
The house we are moving to needs a lot of work so selling is very tempting!
Several people have told me that I would be crazy to sell.
Apartment would yield about 1600 per month, I'd see around half of that after the taxman gets his share. Would just about break even after mortgage and management fees are paid.
Have also considered renting to SDCC and getting 80% market value rent with no 'hassle' of being a landlord. I'm conscious of the over-regulation for landlords and horror stories that I have read and the prospect does make me feel overwhelmed, although I have tried to educate myself as much as possible.
Partner and I have a good combined salary and I have a private pension.
My uncertainty - is hanging onto the apartment the best option?
Thanks in advance!