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  • Holiday Lets

    Sterling Woodrow hotel investment

    Does anyone know about Sterling Woodrow hotel investment?

    They are offering 10% annual ROI on an investment in a hotel room, with the option to sell the room back to them in 5 years at 20% above the purchase price.

    They say that the income will be mostly tax free due to UK tax allowances for hotel investment.

    Has anyone invested in anything similar?

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    I've seen many of these advertised, personally I would steer clear.

    If I was to consider one of these types of investments, I would be leaning more to the care home room investments.

    But even then I just don't like the idea of these types of investments and so would likely never part with cash for one, but whatever you do make sure you do your due diligence on the company and on any and all paperwork before you sign anything or hand over any cash.  I would get a solicitor I trusted to look over everything with a fine tooth comb and even then I probably wouldn't invest!

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    I did inquire with them recently but was not convinced, you will not have any control and again you don't know what will happen after 6 months or so if the company folds  up.. you won't be able to do much!

    In my opinion keep out..

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