It offers an attractive opportunity to a serious developer. It is both located on a reasonably sized plot and is in need of modernisation so offers the potential buyer the opportunity to make a decent capital gain. For example, if extended, subject to gaining planning approval, to provide a larger kitchen and additional bedroom similar to modern 4 bed properties in the area and matches their typical values, the property might be worth at another £100,000, at today's asking prices.
Merrow Street character property with development potential |
The property is in a sought after location in Merrow Street which has an olde world charm about it compared to other developments in the area. There is a parade of local shops and a doctor's surgery nearby.
It is located within the catchment area for some of Guildford's best schools including St. Peter's Catholic and George Abbot. There are also excellent road links to the A3 and M25.
Further information can be found at http://www.rightmove.co.uk/property-for-sale/property-34064199.html
Want to have a chat about Guildford property values and where the best areas are to invest in Guildford? Call me on 01483 320 207 or drop me an email richard@guildfordpropertyblog.co.uk
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