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Doesn't London still have scandals about people renting out illegally small cupboards, or things like that? Why aren't all the house owners building those exten
by card_zero 11mo ago
Doesn't London still have scandals about people renting out illegally small cupboards, or things like that? Why aren't all the house owners building those extensions, splitting the place into flats, renting them out at a thousand a month, and moving their own accommodation to Essex?
- KaiserPro 11mo ago> Doesn't London still have scandals about people renting out illegally small cupboards Oh yes. > Why aren't all the house owners building those extensions, splitting the place into flats, renting them out at a thousand a month, and moving their own accommodation to Essex? Thats a good question, but I suspect its probably down to its not that profitable, and it requires a boat load of cash. https://www.zoopla.co.uk/for-sale/details/71387241/ https://www.zoopla.co.uk/for-sale/details/71387241/ is 900k, thats been extended (pre planning changes) You could _possibly_ rent it out for 5K a month, but you'd need to buy a similar sized house in commuting distance, which is 400-600k. London is stupidly expensive.