It seems timing is everything in property, in several different ways.
Long-term owners are making significant gains; 35 Stockbridge Road going from £60,000 in 2000 to £620,000 in 2014, a whopping 933% increase!
Fortunate with their timing are those who bought at the market lows of 2008-2010, such as the owners of 9 Franklin Place who were either smart or brave to pay £250,000 in 2010 but sold it this year for over £400,000 - an increase of 62% in 4 years.
Then there's the true 'flips'. The short-term buy it, do it up and sell it on. Harder to tell the true 'profits' without knowing what was spent on refurbishment, but 2 properties feature that were bought in 2013 and sold the following year - rising in value by 14% and 21% in the process.
Interestingly if I were to show the market 'flops', whereby property's lost money, only 6 of the top 10 actually did lose money. The other 4 had merely increased the least (by 0% and 2% respectively).
Nothing is guaranteed in property, but I do like those odds.
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