Renovating In London

5In London there is very limited property space, which means buying property in London is a great investment. The housing market is coming out of a decline which means property prices are starting to improve again, making it the perfect time to start buying and renovating. But why renovate rather than just buy?

Though property prices have gone down a lot you can buy a home for a lot less at an auction. The problem with houses sold at auctions is that they often need a lot of building work done. If you are good with organisation this can be a great way to make money as you can renovate a property for a small amount of money with the possibility of doubling your money when selling it on to a new buyer. You can improve the space with a North London Extension.

Or if you don’t want to sell the home you can renovate it for yourself. With the amount of money you save at the auction you will still have enough to renovate your home and make it look just like new for a fraction of the cost. With this in mind you could have the home of your dreams and it will be so much more satisfactory because you have worked hard to build it yourself.

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