flood effected areas

Hi alee,
Depending on where you buy, many areas are flood effected/affected (never remember which it is ), but depends also on what you buy . We have a house in flood area but it has been raised with financial help from the council. (well it has actually been raised with steel posts but with council finance contribution). We checked that there was no trouble with insuring building etc -fire etc only of course no flood- and we have another house that could have 100mm of water thru it in a “50 year flood”. That is another thing , generally there is a 20 yr flood , 50 yr flood and 100 yr flood heights . However in these situations the water rises slowly and then dissipates slowly and the people in this town are used to it. They simply call the carpet layers and have the carpet removed and stored and then replaced when the water subsides. Therefore the tenants also know what to expect. My qualification at the start saying “depends on the circumstances” means to me that there is little else wrong with our properties and the returns are there. If other contributing factors apply then tread warily but if that is all (flood area) then check out what is actully meant and go for it.There will also probably be advice as to stay well clear which means you really will be back where you started before you asked the question.Good luck.
Cheers Len