yep property prices are expensive in London however they have taken a dip to where they were 3 years ago.
I have six apartments in East Dulwich and due to a decline in property prices I have not been able to increase the rental prices recently. Also they have passed many due inspection type laws and council taxes are expensive even when in band A...
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London is where the money is made!
I am a part-time property developer and actually arranging funds for my upcoming projects.
...and if someone (on this board/forum) serious about prop.development in London, we could work something out together.
[No way this is spam/ LOL ]
Earls Court is the worst part for property in central London. The only thing its good for is cheap hotels, theres a bunch in earls court which can go as low as £25/night - which is unheard of in central London.......
"In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell
As somebody already mentioned in London its all about location, location but the flat itself is just plain not worth it, so the flat is mega ubber ubber poo
Fairly low ROI. £250K income, probably around £50K in expenses. Net £200k a year, that is less than 5%. I usually only look at property investments with an ROI of at least 10%.
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