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‘Most empty properties are depressing looking places that blight their surroundings,’ says David Ireland, Policy Advisor with The Empty Homes Agency and author of How to Rescue a House: Turn an Unloved Property into Your Dream Home (£14.99, Penguin). ‘But with a bit of luck, a touch of imagination and a lot of work, unloved buildings can become rewarding and valuable homes. In a housing market that has exploited nearly every niche, rescuing empty homes could be the last great chance for property investment. Don’t miss it.’
Aside from out-and-out wrecks, you might spot a house that looks lived-in but unloved. Pop a gently worded note through the door explaining that you want to buy privately – the run-down condition may mean that the owner has a financial incentive to sell, or that they are elderly and it’s become too much for them. It’s worth a try.
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