Lily Allen wants to buy house to rent out

May 4th, 2009 - 4:59 pm ICT by ANI  

London, May 4 (ANI): Brit pop singer Lily Allen is on the look out for a London property she can buy and then rent out.

Allen, 24, who already owns a swanky 700,000 pounds three-bed house in Queen’s Park, northwest London, wants to take advantage of the low prices offered at the moment, and she hopes to earn extra cash during the recession.

“Lily is quite careful when it comes to money and realises she may not be well off for ever,” the Sun quoted a source as saying.

“She’s looking to take advantage of the low house prices and will rent out,” the source added. (ANI)

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