Apologies if this is in the wrong place, feel free to move.
I'm contemplating taking in lodgers. I live in a 3 bed house alone in a relatively inexpensive area so could rent out the two spare rooms for up to the £7500 threshold. One is a single, one is a very large attic room.
Based on full occupancy, I could pay of my mortgage in just under 8 years instead of 20. Of course there would be gaps though. I could therefore be mortgage free by roughly 40 years old. I'm not a high earner so this would be brilliant for long term financial security.
I've lived with others in various ways before and whilst I enjoy living alone, the financial sense is currently overruling my desire for solitude. I could make my bedroom into my sanctuary opposed to it's current 'place of being unconscious so what does it matter'.
I would have some house rules though, which I don't know if they're unreasonable.
- female only house. All male visitors must leave before a certain/reasonable time (if at all).
- variable bills not included (gas, electric, water).
- no alcohol or drugs in the house.
I know many would say I'm being unreasonable about the alcohol and that people may want boyfriends over. But these are non-negotiables for me.
So, am I too much of a stick in the mud to have lodgers? Or could my house end up being a good safe housing situation for single women on a budget? I would of course advertise with the rules so no one wastes their time.