4.8 • 5.4K Ratings
🗓️ 7 January 2025
⏱️ 170 minutes
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0:00.0 | Six years ago, at the tender age of 29, I became the recipient of my granddad's home after he died. |
0:30.8 | It was very surprising, if I'm being honest, but the story goes that shortly before he died, |
0:36.4 | he had his last will and testament amended so that |
0:39.2 | my parents could get the majority of his money, while I received full ownership of his old |
0:44.0 | Georgian townhouse. I think the idea was that since my parents already owned their own home, |
0:49.9 | passing his house along me was a way of getting me onto the property ladder nice and early. |
0:55.2 | I appreciated the sentiment back then, and I appreciate it now. |
0:59.3 | I still live in that house, and it's where I'm actually typing this right now. |
1:03.7 | But when I first inherited it, it left me with something of a problem. |
1:08.7 | I wasn't doing all that great financially at the time, |
1:11.3 | and when you're no longer renting, there's no landlord to summon whenever anything goes |
1:15.9 | wrong in your home. I learned very quickly when I was living somewhere above my pay grade, |
1:21.1 | but in addition to taking on extra hours at work and fighting for a promotion, I needed some |
1:26.9 | fast cash. And that, boys and girls, |
1:31.0 | is how I became a very young and very hesitant landlord. It just so happened that the basement |
1:37.6 | of my granddad's old house had some plumbing fixtures and that with a little bit of work, |
1:43.4 | it could be turned into a single-bedroom flat. |
1:46.6 | It would be a small one, just a kind of crash pad, really, but I'd easily be able to |
1:51.4 | advertise it for about 250 to 300 pounds a month, which would cover all my bills and council |
1:57.8 | tax with a wee-bit leftover to spare. Doing the place-up was a bit of an investment, and I put with a wee bit leftover despair. |
2:01.6 | Doing the place up was a bit of an investment and I put quite a bit of money of my |
2:05.4 | granddad's inheritance into turning it into not just a livable space, but a pretty cozy |
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