Monday, 6 July 2015

A charming property with development potential in Merrow Street

It's wonderful to come across a property like this from time to time. This is an Edwardian semi-detached 3 bed house being marketed by Gascoigne Pees, in Merrow. 

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 Guildford
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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