Is it feasible to buy a second house?

Hi,
I purchased my first house over a year ago on a 250k mortgage and I can afford the repayments on my own without the help of the rental income that I'm getting from letting out 2 rooms which is being saved at the moment.
I've have now got about €20k in the bank(savings plus another source) which along with my semi-SSIA (10k) is probably enough for a deposit for a second house. With a variable salary (bonus/overtime) of between €35k-€40k, how much would I be able to afford? Would I be putting myself under too much pressure financially? Should I stay away from property and invest otherwise?

The online calculators I've tried arent really specific enough I thought.
Just looking for thoughts and opinions really.

Thx
Dan

Re: Is this feasible?

fancydan said:

Should I stay away from property and invest otherwise?

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Im inclined to agree with the sentiment expressed on such sites as
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and
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Im inclined to look at other investments at this time and would stay away from property.

Re: Is this feasible?

Is this feasible?

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