Thread: I knew London house prices were expensive, but...
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Old 07-05-2010, 12:19 PM  
milambur
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Quote:
Originally Posted by emjay View Post
...£4.1m for an unpectacular 1 bedroom flat in Earls Court - WTF?

http://www.rightmove.co.uk/property-...-25657243.html
Fairly low ROI. £250K income, probably around £50K in expenses. Net £200k a year, that is less than 5%. I usually only look at property investments with an ROI of at least 10%.
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