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If you had 20k would you try and invest in the Albion, or buy a freehold garage?



William Chops

New member
Feb 3, 2007
160
And if you did invest this in the Albion what would you expect to get for your money?

And when I say garage I mean a one-car storage up-and-over door number, not a petrol/car selling type thing.
 




Beach Hut

Brighton Bhuna Boy
Jul 5, 2003
72,645
Living In a Box
:yawn: :yawn:
 










Spunk Bubble

New member
Feb 21, 2007
1,342
Even though I am a massive Seagull, it would be dead money. Better off getting 20,000 lottery tickets, you should at least get your money back or make a slight profit !!
 


Bob!

Coffee Buyer
Jul 5, 2003
12,047
Spunk Bubble said:
Even though I am a massive Seagull, it would be dead money. Better off getting 20,000 lottery tickets, you should at least get your money back or make a slight profit !!

I think the odds are on you losing money there
 


Tom Hark Preston Park

Will Post For Cash
Jul 6, 2003
74,064
William Chops said:
And if you did invest this in the Albion what would you expect to get for your money?

And when I say garage I mean a one-car storage up-and-over door number, not a petrol/car selling type thing.

They both sound pretty shit ways of investing 20K to be honest
 






Gully

Monkey in a seagull suit.
Apr 24, 2004
16,812
Way out west
Erm, no, if I was suddenly given £20k I would use to either pay for a new roof for my house to stop the attic getting wet in the winter...or pay off a chunk of my mortgage.
 


Muhammad - I’m hard - Bruce Lee

You can't change fighters
NSC Patron
Jul 25, 2005
10,971
on a pig farm
i'd spend the majority on guinness and kebabs
id probably waste the rest
 


Gully

Monkey in a seagull suit.
Apr 24, 2004
16,812
Way out west
Garages aren't such a stupid idea as an investment, I thought about the idea for a while some time ago. A garage in Edinburgh cost about £5k at the time, I reckon the rental income would be maybe a hundred quid a month, so it doesn't take the brains of a nuclear scientist to realise that you recoup your investment in about 4 years then it is profit all the way.
 














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