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Wales Online
Wales Online
National
Callum Cuddeford & Neil Shaw

Man who bought house for £5,000 says it is worth £1m - and explains how to do it

A man who bought his house for £5,000 in 1970 says it is now worth £1million. Hasan Rezvan, 75, moved to the UK from Cyprus and tried to buy a house for £7,000, but the bank said he could only afford £5,000. He settled on a four-bed terraced in Brixton.

The property's value did little in the 80s when Brixton was rocked by riots, or the 90s when the area had a reputation for drugs and violence.

His address, Coldharbour Lane, was named 'Britain's most dangerous' in 2003 with £1million of crack dealt there every month, reports MyLondon.

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