My 32 years as a property developer got here by chance. My neighbour occurred to be promoting his home in Wimbledon in southwest London. I made a decision to purchase it for £95,000 with a 5 per cent deposit, however my timing couldn’t have been worse — it was simply earlier than the Nineties crash.
I’ve purchased and bought a whole lot of properties since. But once I began, I used to be Billy No Mates. My web was known as the library. My first refurbishments had been small homes. The extra run down, the higher to your margin.
One of the errors I made early on was not getting the fitting assist to precisely assess the venture price. In 1995 I exchanged on a terraced home in Colliers Wood, south London, and obtained a
