Summary
ENOVATING a wreck used to be the way to move into a soughtafter area, a bigger family home or, if renovation were your hobby, gaining a tax-free profit. But the boom years saw the small developer stealing the wreck market from the private buyer.
Now, London house prices have fallen and developers have disappeared, and that oncein-a-decade opportunity is back for the small player who is willing to negotiate hard on the wreck market where property is hard to shift.See the full content of this document
Extract
My Bundles of Joy ; Bargain Wrecks
Improvement projects are cheaper now, too, with discounted house- building materials and labour charges.
T...See the full content of this document
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