boomed

[_V_]

Very selective choice of "British" cities.

They are all the ones that have gone up, ignoring the ones that didn't

[TheGreenBastard]

1 pound in 2000 has devalued by approximately 40%

That does eat in to some of the gains, but if you're doing BTL you also have to consider that 20 years of rental income on top of asset appreciation.

That's £96K winnings assuming a monthly rental income of £400.