Buying a house in London actually represents a really good investment opportunity even if you don’t personally intend to live in the house. You may already have a property in London that you are happy living in or you may live elsewhere in the UK. Nevertheless, owning a property in London is good news because London properties are always in high demand with people looking to rent.
Securing extra property that you can rent out is great because it can earn you extra money. Property in the capital is not really subject to the same rules as in the rest of the country because people are so keen to live and work in London. As a result, investing in London property is less of a risk than investing in property anywhere else.
It makes sense to renovate the property you have invested in especially if you have bought something relatively cheap that needs work before it can become a suitable place to rent out. Renovating a London property is a sure way to attract more interest in it and it also puts you in a better position to charge a good rate for it.