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To Buy in London or look out of London?

Is it really worth it buying a 1 bedroom flat in London? They're so expensive and one cant raised a Family in them ....

Asked on Dec 25 2014, House Prices in London | Report content

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  • If you are looking to invest in central London then a two bed flat is prime. Indeed, in the local authority and housing association stocks, two bed flats are by far the highest in demand. A one bed flat is appealing to renters and long distance commuters needing a weekday residence. Renters don't stay for long, and you can use Assured Shorthold Tenancy Agreements to let for six or twelve months at a time. If you buy one to live in, and then outgrow your own needs, rather than sell the flat, consider leasing it and using the income to contribute towards the costs of your own home.

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    Answered on Jan 13 2015, Report content
  • I would say look out of London as you have plans of raising a family. depending on your budget and distance from your workplace, you can invest in a good property outside London.

    Answered on Jan 20 2015, Report content

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