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I have a friend who’s parents bought him a run-down Victorian house off Clapton roundabout for peanuts, back when it was ‘murder mile’, with shootings/stabbings outside Chimes nightclub almost every weekend. We used to come back to his after squat raves to find the road cordoned off regularly...
He slowly turned the basement into a flat, sold that for £600K, and the 3-storey house above is now worth £1mil.
Who can afford that, without winning the lottery?
It’s lush, but so expensive for the fact you still have neighbours both sides....