Picture the scene: you’ve sourced an upmarket investment unit in an area of urban regeneration in a major capital city, found your tenants and all’s going well… until the government decides to install anti-aircraft missiles on the property’s roof. This is exactly what’s happened to landlords in a London apartment block close to the 2012 Olympic stadium.
Around 700 residents in an apartment block in Bow, east London, have been informed via leaflet that surface-to-air missiles could be placed on the building’s roof for two months as part of the UK’s Olympic defences, reported Associated Press.
According to the leaflet, the building, which is around 3km from the olympic stadium, offered the ideal view of the area and skyline above the Olympic park, but residents are less than happy with the prospect of having to put up with living in the shadow of a military base this summer.
"From the few people I've spoken to, and the security we have here, they're not happy about it," Resident Brian Whelan told AP. "I don't think it needs to be here at all."
What’s the weirdest addition that’s been made to your property? Join the debate on our property investment forum.
Cities where it’s good to be a landlord
Australia’s worst rental yields
Where are property prices set to rise?
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
Top Suburbs :
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out