George, my brother, was over last night helping me to paint the new house (thank you by the way, Geo!) He has recently moved houses as well, in fact come to think of it he moved south of the river of well. George has moved into an apartment in an old secondary school in Lambeth. It's a listed building and at some point it will probably be developed, but at the moment it's empty. Or rather to say, it was empty, it is now filling up.
There's a company called Camelot who manage the school and about 1500 other sites like it. It's an interesting proposition. Camelot rent out rooms, in George's case the room is the size of a large New York-style loft with views out to Big Ben, for practically no rent. The tenants get the opportunity to live in some quite incredible buildings cheaply, the property owners get peace of mind as they know that there will be no problems with squatters, vandals or arson and for them it is cheaper than hiring 24 hour security guards.
A "win-win situation" as an American business book might say.