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Ok look at n15(south tottenham) https://www.google.com/maps/place/London+N15/@51.5823145,-0....

look at it in 3D. It has a mix of late victorian terraces (mostly posh ones) and then a large amount of 1960s-70s medium density blocks/maisonettes. That shit is already dense. Adding new floors doesn't actually make it more dense(unless people buy and split it into flats.)

currently, you can easily add 6m extension out the back and up by one floor without too much hassle (so called permitted development). This means that you can easily double the floor space of a house, with little issue from the planning(zoning) people. The innovation that's pointed out is that they can add two floors up. Which is unusual, because its fucking expensive.

We also don't have HoA bullshit, so adding extensions doesn't require brownosing the local busybody community. just pay £750 and wait a few weeks.





Doesn't London still have scandals about people renting out illegally small cupboards, or things like that? Why aren't all the house owners building those extensions, splitting the place into flats, renting them out at a thousand a month, and moving their own accommodation to Essex?

> Doesn't London still have scandals about people renting out illegally small cupboards

Oh yes.

> Why aren't all the house owners building those extensions, splitting the place into flats, renting them out at a thousand a month, and moving their own accommodation to Essex?

Thats a good question, but I suspect its probably down to its not that profitable, and it requires a boat load of cash.

https://www.zoopla.co.uk/for-sale/details/71387241/ is 900k, thats been extended (pre planning changes)

You could _possibly_ rent it out for 5K a month, but you'd need to buy a similar sized house in commuting distance, which is 400-600k.

London is stupidly expensive.




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