It can be a really good idea to get hold of quite a cheap property on the market and turn it into something worth a good deal more. This is something that is certainly possible given the number of repossessions that make it onto the market nowadays and properties that sell at auction for a very good price. Often these houses are in pretty poor condition, but they can be saved with some proper repair work.
London is full of properties that have fallen into disrepair but which but actually command a really good price on the market if they were in good shape because of their locations. London is a desirable place to live and there is always likely to be demand for properties in each district.
It is all a matter of putting in the time and effort to have the place renovated. If you do this then you could actually make some serious money out of it. If you invest in really good quality renovation and interior design then you stand to create a lot of interest in your property once the project is complete.