Buy this property without investing your own money

Those with knowledge of how to invest will realise that by using an option to control the property, or a bridging loan they can acquire this property, refurbish it and then have it mortgaged at a percentage of the revaluation so that once all costs have been covered there should be sufficient equity left to enable the purchaser to withdraw all, or most of the cash investment required, to invest in another project, while still retaining ownership of this property.

Potential to extend without investing your cash

This 4 bed house is situated in a small, quiet residential cul de sac within easy reach of Merrow village amenities and the open countryside. There are a number of sought after local schools within walking distance including George Abbot School, St. Peter's Roman Catholic School and Bushy Hill Junior School. There are regular bus services to and from Guildford's historic town centre

The house can be extended, in one of two ways. Either one garage could be converted into a room because the second garage is long enought to accommodate 2 small cars; or the house can be extended, subject to the usual planning consent by building out over the roof of the garages. A new kitchen and some redecoration are also recommended.

Having completed this work this house would appreciate in value to something in the region of £725,000-750,000, in our estimation.

A similar property was sold for £650,000 4 year's ago and another for £625,000, in 2012. Properties have risen by 20.7% in this period of time.

This house is therefore likely to be sold quickly so you need to visit Seymours office, in Burpham, to arrange a viewing right away.

http://www.rightmove.co.uk/property-for-sale/property-50386654.html

If you would like advice about what could make a good investment, please call 01483 320 207 or email richard@guildfordpropertyblog.co.uk