There are many properties around the UK that have fallen into a state of disrepair and other properties that are ripe for conversions. Examples of those requiring refurbishment are properties that have not been maintained by either previous owners or tenants and require modernisation and upgrading. Examples of properties that present conversion opportunities are, houses to flats or HMOs, or pubs into apartments. Acquiring such a property, presents the investor with the opportunity to make capital gains and also to enhance the rental income.