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With the high level of demand for rental properties in E14, it is easy to see why many people think that acting as a landlord will be a good way to generate income. If you have funds available to invest in property, or you have a satisfactory credit history and financial status that you can obtain a mortgage for property investment, acting as a landlord can provide you with a better lifestyle.
However, it is important to be aware that being a Landlord isn't easy. There is a difference between good Landlords and bad Landlords. Over time, good Landlords find that the process becomes simple and they can make good money without a lot of work and effort, but unfortunately, there are a lot of bad Landlords out there. Bad Landlords don't provide a good standard of service and expect to make money from little work or effort. In the long run, they lose out and often ending up in debt or losing out on a lot of money.
Being a Landlord is a good idea if you are committed, and here are some top tips on how you can achieve this:
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Hi there, Frank here.
Last week I was in Ropemaker's Fields in Limehouse, this week I’m going to tell you a secret.
I love chicken.
In fact, I eat chicken most days.
Trouble is, my owners normally just buy a small chicken from the supermarket, cook it on a Sunday and give it to me for the rest of the week.
Not much care and attention there is there? Does anyone know if there’s a helpline for dogs?
Anyway. That’s not my secret.
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So, what is it that a property owner actually wants from their estate or letting agent?
I was speaking with someone the other day who had worked at Purplebricks for 2 years. His experience from being there was that property owners DIDN’T want to use an online agent, they actually wanted to use a traditional estate agent, they just didn’t want to pay through the nose for it.
Jayne Dowle, who was kind enough to mention Proper Local a few weeks back in The Times, published this blog Money for old rope: take care when choosing an estate agent in The Spectator recently.
Jayne picks up on some interesting points.
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New developments spring up all the time, but its not often that you witness a community being built. Ballymore & Ecoworld’s London City Island is just that – a new community. Comprising 1,706 apartments, completing from mid 2016 all the way through to 2019, the scheme will also result in a new home for English National Ballet, 1,801 sqm of leisure space, 4,502 sqm for offices, 1,852 sqm of retail and 2,714 for the creative industry.
London City Island, or LCI for short, is designed around a mini-Manhattan concept according to the developer’s brochure, and having visited, both internally and externally, we believe that this concept has been executed. Although the buildings are undoubtedly ‘new’, there are nods to that warehouse-loft feel. Flat-fronted buildings with large windows, much higher-than-average ceiling height, strip wood flooring, Victorian-style radiators and butler sinks all combine to give a rather rustic impression.
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Charrington Tower (aka Providence Tower during the development stage) is a 44 storey 100% residential tower developed by Ballymore. Located in the E14 area more traditionally known as Blackwall, Charrington Tower forms part of a riverside community which includes Ontario Tower, New Providence Wharf and Columbia West apartments.