House or buy to let if possible

[typer0612]

Hi all,

I am in two minds... Which way should I go?

Currently own a flat worth 220,000 with 155,000 mortgage outstanding. However it is a tad cramped with two kids.

Could I rent it out and use the rent as additional income to buy a house approx 300k? (What would I need in terms of income/cash)

Seeking advice on here before I take things further I.e. Moving back to parents to get equity I need to get a house!