It's totally a thing.
Having a small house that needed 60k spending on it in West Hampstead beats having a huge flat in a lovely factory conversion in Hackney Central that's for sure, because now we get to live in West Hampstead instead of Hackney.
One of the best decisions I ever made.
I think the trick is finding a place where the cost of the doer upper isn't just the same as a nice house in the same area minus the cost of refurb.
As mentioned above developers/people generally are wise to it and the places are priced accordingly.
@abr started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
It's totally a thing.
Having a small house that needed 60k spending on it in West Hampstead beats having a huge flat in a lovely factory conversion in Hackney Central that's for sure, because now we get to live in West Hampstead instead of Hackney.
One of the best decisions I ever made.