Welcome back from what I hope was a well earned rest over the Bank Holiday for you.
While the purpose of this blog is to highlight potential investment properties it does promise to deliver information to help you find out how much your house is worth in today's market, as well.
So whether you live in White Lane, or not, here is an example of one house where the price is marked "P.O.A.". This is a rare event, even in the prosperous town of Guildford. Only those who can afford to live in White Lane (one of the top 3 most expensive streets in Guildford) will probably have any idea of what this house might be sold for but one should imagine it will be for in excess of a cool £4,000,000.
I await for news on what the owner's agent eventually sells the property for.
The 7 bedroom house is being marketed on Rightmove by the Head Office of Strutt & Co,.
http://www.rightmove.co.uk/property-for-sale/property-45931324.html
The specification includes everything that one would expect from a property of this price including a drawing room, media room (with sound piped through the entire house), gym and swimming pool (including steam room), a master bedroom with a "his" and "hers" dressing room plus the compulsory staff flat and about 3.5 acres of land which overlooks the scenic North Downs.
White Lane overlooks an area of outstanding natural beauty but remains just a short distance from the centre of Guildford and connections to all major schools and roads.
The property is differentiated from other properties of this size as it does offer the potential owner the opportunity to develop a half acre plot adjacent to the residence on which a 5 bedroom house can be built. Consequently the profit from selling the newly-built house might make a small contribution towards reducing the overall investment required to afford this outstanding property, or at least cover the cost of stamp duty.
The property has however been on the market since August 2014 so while it does remain a superb residence it would appear that nobody has yet sealed the deal, so you still have the chance to make a purchase!
Want to have your property valued or to have a chat about Guildford property values? Call me on 01483 320 207 or drop me an email richard@guildfordpropertyblog.co.uk
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