Friday, 28 August 2015

Bushy Hill or Merrow Park? The answers may surprise you.

Last week, a couple from the Merrow Park development, in Merrow, wanted to discuss their interest in investing in property for Buy to Let and were therefore considering making a purchase on the neighbouring Bushy Hill Estate, where they had heard they could potentially make an excellent return. 

One of the most important considerations you need to make before investing is your attitude towards the balance between annual return/yield and the annual value increase/capital growth. 


Merrow Village Guildford

Merrow had remained a relatively small settlement up until the 1950s, when the Bushy Hill estate was built. This development of a several hundred houses was originally all council-owned, but since the 1980s, many properties have passed into private ownership.


Bushy Hill Guildford
Bushy Hill built in the 1950s

Further expansion occurred in the mid-1980s. In the green-field site bordered by Burpham, the Bushy Hill estate and Clandon Park, the Merrow Park development was built, completely surrounding the old houses on Merrow Street. Comprising several hundred houses and flats, Merrow Park is often considered a community in its own right as it has its own shops, school and doctor's surgery.


Merrow Park Guildford
Merrow Park built in the 1980s

Merrow Park, along with the developments, Weylea and Weybrook built in Burpham and also built during the 1980’s, adhere to the principle of delivering high quality housing with pleasant surroundings and access to good schools plus transport links. Merrow Park has therefore become a sought after place in which to live, on the edge of Guildford. 

Our initial assumption was that Merrow Park would have offered a lower yield but have experienced greater capital growth, over recent years so what did our research tell us?

The average price for a three bedroom semi-detached house on the Merrow Park development is £410,083 and rents for this type of property are approximately £1,495 per calendar month.

Similar sized three bedroom semi-detached houses on Bushy Hill have a slightly higher average price of £446,150 and the average achievable rent for these is £1,695 per calendar month. They are therefore slightly more expensive to purchase and to rent than similar sized houses on Merrow Park.

The yield generated from a property on Bushy Hill is less than expected at around 4.4% per year whereas the potential yield is 4.1% on Merrow Park, so the yield on Bushy Hill is typically 7% higher than on Merrow Park. However, we must remember that our objective is to look at both yield and capital growth when investing in Buy to Let properties. 

The average value of a three bedroom semi-detached house on Bushy Hill in 2002 was £194,400. This has risen by 195% in the last 13 years. A three bedroom semi-detached house on Merrow Park in 2002 was slightly higher, at £203,950 but the capital growth has been slightly lower, at 176%. Bushy Hill has therefore experienced 11% higher capital growth, than Merrow Park.

These figures therefore suggest our initial assumption needs to be re-considered because they confirm that in this instance it may be possible for our couple making the enquiry, to achieve both a higher yield and greater capital growth on Bushy Hill compared to investing on Merrow Park. 

After further consideration this may not be so surprising as it may have first seemed, as one considers the popularity of property in Merrow and the growing demand for ex-council properties, which has driven up the price of property on Bushy Hill to enable it to outperform its neighbour, Merrow Park. 

However as stated earlier, Merrow Park has a much greater variety of properties (one bed flats to 5 bed executive homes) so it will always attract interest from a much wider audience of house buyers, which should consequentially continue to drive prices up, as the years go by.

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Thursday, 27 August 2015

Ideal location on the Woking Road to earn 5%+ yield

A beautifully presented older style character home which combines character features with modern living. The 2 bedroom terraced property is conveniently located for access to both local shops, schools and other amenities including the Guildford Spectrum Sports Centre yet is within walking distance of the town centre and within a few minutes drive of the London to Portsmouth A3 trunk Road. The local school, Weyfield Primary School is to the rear of the property so no distance to walk to.

Woking Road Guildford
A charming 2 bed cottage on Woking Road

The accommodation is spacious for the price and size of property. It is clean and tidy with a modern bathroom suite so should be easy to rent out to a couple with a child and therefore provide a yield in excess of 5% if a rental at around £1395 pcm is charged.

Furthermore the property has experienced an excellent capital gain of 86% since 2002 so this looks to continue for the time being, or at least while interest rates remain low. 

Further details are available at: http://www.rightmove.co.uk/property-for-sale/property-54310919.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Wednesday, 26 August 2015

Cherry Tree Avenue offers the cherry on top of the cake

This property is on the market with our friends at Cavenders and is located in another favourite street of mine, Cherry Tree Ave, in the Ashenden Estate (featured in a previous article). This is an area popular with both families and sharers, whether students or professionals. This is because the house is 5 minutes walk away from the local Tesco supermarket and not much further from the University of Surrey; the Royal Surrey County Hospital and the Surrey Research Park, where there is plentiful employment.


Cherry Tree Avenue Guildford
5% in Cherry Tree Avenue

The house has three bedrooms and two reception rooms so it has scope to use one of the reception rooms as a bedroom to provide 4 bedrooms in total, should an investor want to maximise their return on investment. If they did the return on a shared rental property like this would be 6% or more, before overheads, which is generous by local rental property standards.

The investor might require a budget to cover building works too, as this spacious house offers great potential to update and modernise. This would allow the buyer to set his property off against other houses in the area, to attract higher-paying tenants wanting modern day living

Further details are available at: http://www.rightmove.co.uk/property-for-sale/property-51435958.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Tuesday, 25 August 2015

A development opportunity in Martins Close, Bushy Hill

This property has tremendous potential for development to provide more floor space to perhaps accommodate a downstairs utility room and shower area plus a family room; plus a guest bedroom in the loft space.

Set towards the end of a quiet cul-de-sac off Bushy Hill Drive, it is located within walking distance of many of the area's best schools and the shopping parade in Merrow village.


Martins Close Guildford
A development opportunity in Martins Close, Bushy Hill 

The property is set in a generous 100ft garden where one can enjoy a high degree of privacy so, subject to the relevant consents, there is considerable scope to enlarge the existing footprint of the house, to the right and rear sides,  or to utilise the loft space, if so desired.

Chantries are therefore likely to sell this house very quickly to a purchaser keen to get their hands dirty in order to have a house built to their own design. It could then be rented out to a family to earn a reasonable 5.7% return, before building costs are taken into account.

Further details are available at http://www.rightmove.co.uk/property-for-sale/property-50219137.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Monday, 24 August 2015

House in Markenfield Road has wow factor

This well presented three bedroom semi-detached Victorian house offers a family modern accommodation in an excellent situation. The location is within half a mile of both railway stations and just a 15 minute walk into town for shopping, bars and restaurants.

It is well appointed with the wow factor being the open kitchen/diner area extended into the garden, which is flooded with light thanks to the skylights and the sliding doors leading to the garden.

Markenfield Road Guildford
House with wow factor in Markenfield Road
Upstairs there are two double bedrooms, with the bathroom off the main bedroom which is why the house is unlikely to be a suitable rental unless a single let to a family. To compensate for the loss of the bedroom upstairs the basement has been tanked to provide the third bedroom and ensuite shower room .

The property is being marketed by our friends at  Mann, at their office in High Street, Guildford and further details are available at http://www.rightmove.co.uk/property-for-sale/property-54278729.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

A chance to make a property yours, in Aldershot Road

This 3 bed semi-detached property has a large kitchen with two reception rooms to provide plenty of living accommodation downstairs; plus 3 reasonably-sized bedrooms.

As it is located on the Aldershot Road within a short walk from local shops and major bus routes plus local schools it will suit a family. It is also close to local amenities including the University, Guildford town centre, Guildford mainline train station and the A3. 

Aldershot Road Guildford
A property to modernise on the Aldershot Road

There is an opportunity to modernise the house to design it to satisfy the new owner's personal tastes. This is why the price has been set at a realistic level, in order that some capital gain can be realised once the work has been completed. An investor should achieve just over 4% if they rent it out but could walk away with an instant profit if they were to buy to sell.

Further details are available at http://www.rightmove.co.uk/property-for-sale/property-34918578.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk


Friday, 21 August 2015

Factor 5 - applied to terraced properties in Guildford

No doubt many of my readers will now be on holiday, or have just returned, so will have enjoyed some sunshine and indeed have used sunscreen. This explains the tenuous link used for the following article.


By what factor have Guildford property prices increased, in 20 years?

Many investors ask me “My funds are limited to purchasing a terraced house so which should I buy, in Guildford?” Would a 2 or 3 bed terraced property to rent out to tenants, be a better investment? The first question I ask them is what are they looking for from the investment - capital growth in the property or a great yield? Answering this question will help you to figure out which properties you should buy...

The average asking price of a 2 bed terraced house in Guildford is £314,950 today compared to £349,950 for a 3 bed semi. The 2 bed terraced house achieves an average rental price of £1195 per month compared to £1425 per month for a two bed terraced.


2 bed terraced houses in Cumberland Avenue
2 bedroom terraced houses in Cumberland Avenue

3 bed terraced houses in Cumberland Avenue
3 bedroom terraced houses in Cumberland Avenue

That’s a yield of 4.6% for the 2 bed against 4.9% for the 3 bed. So surely, the 3 bed terraced is the slightly better bet? Well it does offer a slightly better rate of return and should be easier to rent out because it will offer a little more space, ideal for a family, or for those requiring a study, or a room where they can enjoy a hobby.

If one is looking for capital growth then the asking price for terraced properties in Guildford has increased by more than 5 times over the last 20 years which compares favourably with semi detached properties. These have increased by little more than 4 times; and detached properties have multiplied by a lowly 3.5 times!

This leads onto a hypothetical question - "When is the best time to invest in property?"  In this instance the answer would be a rhetorical "20 year's ago!" Who would have believed in 1995 that asking prices for property in 20 year's time would have had the potential to increase by a factor of 5!

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Thursday, 20 August 2015

A house for family living to achieve 5% in Agraria Road

This delightful 4 bedroom semi-detached house is located in Agraria Road, a popular road ideal for families with children at school and parents working up in London.

Curchods are marketing the property from their offices in the centre of town and should have no challenge in finding a buyer. This is because Agraria Road is located within a short distance of several junior and senior schools. It is a five minute walk to the mainline station, to catch a London train, and a further 10 minutes walk from the centre of town. 

The Research Park and University are similar distances in the other direction.


Agraria Road Guildford
A delightful 4 bed semi-detached in Agraria Road

Considerable expense has been paid to deliver a house that a family could move into without having to complete any additional work.  

The house also has considerable living space to offer having had a loft extension built to accommodate a master bedroom with ensuite shower room. The modernised kitchen has French doors leading out to the garden to provide further light downstairs. There are two reception rooms to provide further space for a family to live and play.

The property is decorated in tasteful, pale colours to provide a light and airey feel to it.

If an investor were to purchase this property to rent out to a family for (say) £2700 pcm then it would be possible to achieve a 5% gross yield, if the asking price were paid.

Take a look here, for further details:- http://www.rightmove.co.uk/property-for-sale/property-36040557.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Wednesday, 19 August 2015

Excellent value in Saffron Platt

This property, being marketed by Gascoigne Pees, in Worplesdon Road, has the advantage of being situated adjacent to the Queen Elizabeth Park development for easy access to its facilities, including the leisure centre and children's nursery but the purchase price is a little lower than one would have to pay in QE Park, as the property is older and may therefore require some modernisation. 

Having glanced over the details at:-
http://www.rightmove.co.uk/property-for-sale/property-35981160.html

this may not necessarily be the case as the bathroom has recently been updated. However there are no pictures of the kitchen which might be an admission that this requires some work.

This 3 bedroom semi-detached house will make an affordable home for a young family requiring three bedrooms, two reception rooms, a garden and a garage. This house is located in a cul de sac so will be a quiet place in which to live.

Saffron Platt Guildford
3 bed semi detached house in Saffron Platt

For the investor there is the potential to extend into the loft to add a further bedroom, as has been done next door, and therefore the opportunity to realise more rental income. If this work were done then an investor would achieve an excellent yield (subject to the cost of completing the works).

If the property were to be left in its current state then 5% is still possible, on the assumption that an achievable rent of £1,600 pcm were charged. In this instance the tenants would have the opportunity to live in a reasonably sized property that includes three bedrooms, one with an ensuite bathroom. The investor will have a reasonable rate of return so both parties should be happy.

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Friday, 14 August 2015

Homeowners in Queen Elizabeth Park owe a debt of gratitude

The Queen Elizabeth Park development was built on a former MOD army barracks housing the Women's Royal Army Corps Association regiment, before it was disbanded in 1993. 


WRAC plaque at entrance to Queen Elizabeth Park Guildford
Plaque to commemorate the WRAC

Located two miles to the north-east of the town centre, in the Stoughton area of Guildford, the site was set within an area of typical post-war suburban housing that has grown up around the barracks with few local facilities and a deficit of public open space. 


Queen Elizabeth Park Guildford
Queen Elizabeth Park Guildford

Building commenced at the turn of the century, in the year 2001, where both Laing and Linden Homes were selected to build a development based on a plan to deliver:-
  • A parkland containing mixed-use, mixed-tenure households. 
  • A new village green to create a central focus.
  • A network of green routes connecting the village green to surrounding communities.
  • The retention and enhancement of the existing landscape, with over 1,000 trees preserved.
  • A square to comprise a community centre, children’s nursery, health and fitness centre, supermarket and 25 small business units.
  • A bus service running through the site, pedestrian priority and new footpaths to the local school.
  • A variety of house types, from one bed flats to five bed detached houses, designed to be spacious and open plan, with balconies and roof terraces to connect to the outdoors.
  • 525 new homes, with 35% affordable housing distributed around the site.

After 3-4 years the development was completed and has delivered the plan, offering a mix of housing to accommodate a wide range of housing needs, plus business units to accommodate local small businesses. The nursery was built for toddlers and a major nursing home was added for those approaching their later life. 


Woodlands at Queen Elizabeth Park Guildford
Woodlands were retained in the development

In the meantime local residents can enjoy keeping fit to extend their life, at the gym and leisure centre which has been operated by several companies, including Virgin, over the years since it first opened. 

Sadly the Budgens supermarket, which has operated since 2005 closed down on April 28th, 2015. It appears that in spite of being popular with residents, local workers and visitors, it was not making enough money to survive. 

As regards the local housing market capital appreciation has been most significant for the larger Laing Homes, built in 2002. For example, the larger 5 beds, 3 baths executive homes were originally sold for around £464,900 but one was sold last year for £734,900, showing a 58% increase in property price over the intervening 12 years. A year later, in 2003, new semi detached 3 beds, 2 baths houses were sold for around £361,900 with one realising £469,100 last year, providing a relatively lower capital gain of 29% over 11 years. 

Buying an executive home therefore produced a greater gain.


Forster Rd, Queen Elizabeth Park, Guildford
Laing Homes built in Forster Rd, Queen Elizabeth Park, Guildford


However the 3 bed semi detached property will offer a potential gross yield of 6.9%, compared with the executive home delivering 5.5%, based upon current sales and rental prices.

Macdowall Road Queen Elizabeth Park Guildford
Example of 3 bed homes built by Linden Homes, at QE Park, Guildford

Whether you are looking for a capital gain or a higher yield the developers did much to ensure that homeowners are now able to enjoy the beautiful area left to them by the ladies of the WRAC.

Whether you have already done a search for property, or are trying to figure out where to start, we’re happy to advise on properties before you buy, to let out, so if you would like advice about what could make a good investment, please call 01483 320 207 or email richard@guildfordpropertyblog.co.uk

Thursday, 13 August 2015

A family house on Fairlands with a stunning kitchen

Having written a fortnight ago to say that Fairlands is a development comprising mainly bungalows I have just spotted this clean property on the same development but as you can see it is a house. It is situated just around the corner from the local shopping parade.

It is a well presented three bedroom semi detached family house with two reception rooms and a stunning fitted kitchen plus a garage and a large rear garden.




While it will not excite investors as the yield is likely to be 3% at best, it is another fine example of a beautiful 3 bed family home, for which there is always a steady demand, if the price is reasonable. This house should sell quickly so take a look at the details and contact Seymours, in Worplesdon Road.

Further details to be found at:-
http://www.rightmove.co.uk/property-for-sale/property-51220549.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Wednesday, 12 August 2015

An attractive home for a reasonable price in Manor Gardens

This 2 bed terraced house is situated in a cul de sac just off Manor Road, leading down to the shopping parade at Woodbridge Hill and not too far from the University, Hospital and The Surrey Research Park. There is a regular bus service into town.



It is a well presented house offering spacious accommodation including a bonus room and a delightful garden. 

Hipps should therefore have little difficulty selling this property and to the investor who might purchase this house a 5% yield will be possible as rental demand in this area is a healthy one for the reasons mentioned above.

Further details to be found at:-
http://www.rightmove.co.uk/property-for-sale/property-51154543.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Tuesday, 11 August 2015

A delightful starter home in Merrow Park

This 2 bed terraced property is located on the ever popular Merrow Park development, situated approximately 2 miles to the North East of Guildford Town Centre, within easy reach of the London to Portsmouth A3 trunk road and M25 motorway.

The area has a doctor's surgery, junior schools and a shopping parade plus church and a village hall and is on a bus route into town and to the hospital.

The house is situated in a pleasant cul de sac comprising both starter and executive homes, all away from any traffic. It comes with a conservatory plus a re-fitted kitchen and bathroom so no work is required before moving in to make this an ideal home to walk into right away.


Greenhill Gardens Merrow Park Guildford
A 2 bed terraced house in Greenhill Gardens, Merrow Park

While the area is popular with those looking for a pleasant area in which to live and nearby excellent state schools, the investor is unlikely to gain a yield greater than 4% (although that still remains higher than the interest to be earned on a savings account). However the capital gain will be worth the investment. This property has already risen by 28.7% in the last 5 years and 3% in the last quarter.

Further details of the property being marketed by Seymours, in Burpham, can be found at:- http://www.rightmove.co.uk/property-for-sale/property-51124432.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Monday, 10 August 2015

A starter investment flat on the Fairlands Estate

Once again I have found a property on the Fairlands Estate which is not typical bungalow, as they tend to be, but a reasonably-priced flat, compared to those in the GU1 postal code area.

The flat is on the books of Mann & Co, Woodbridge Hill and is conveniently located as it is only a short walk from the local shops and doctors surgery. There is a bus service and road into the town centre, which is about 3 miles away.

Fairlands Avenue Fairlands Estate Guildford
Two bed flat priced to sell at £200,000

The property has two bedrooms so the investor can install sharers but assuming a single let, they should still achieve 5.7% if the market rental of £950 pcm is charged. This is a leasehold flat so there will be adiditional charges to take into account but none the less this should make an ideal first time investment for somebody looking to seek a higher return than they would do in a bank.

Check out the details at this link: http://www.rightmove.co.uk/property-for-sale/property-53980082.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk

Friday, 7 August 2015

Weylea Farm or Weybrook, Burpham? Timing might be the answer.

A potential investor called me the other day to say they had read our recent article regarding Merrow Park, so wondered what my thoughts might be regarding other developments built locally, in the 1980's. 

We therefore started talking about Burpham and the pros and cons of investing in both the Weybrook and Weylea Farm developments. She was considering purchasing a semi-detached house there.

Burpham has been the subject of much debate recently with the proposed development of an Aldi store and the impact it might have on the local Sainsburys store around the corner; and the volume of traffic along the London Road.


Weylea Avenue Guildford
Weylea Farm estate is well manicured and attracts more homeowners

The Weybrook and Weylea developments were built during the 1980's on farmland and consist of higher density, similar style housing with smaller gardens and limited spacing around the properties. Winding roads with limited width, twist through these compact areas. The roofs are high pitched with minor architectural changes to give the appearance of variation within the standard format, all with identical roofing tiles and brickwork. 

There are some bungalows and flats within the housing mix, dedicated to the elderly, and housing to accommodate most buyers and their requirements, whatever their stage in life. There are one bedroom flats and starter homes at one end of the scale and 4/5 bed executive homes, at the other end of the scale.


Weybrook Drive Guildford
Weybrook is a little overgrown and attracts a more transient population

The street scene in Weybrook is dominated by a herringbone style brick road surface plus ‘hedge-buried’ homes in an undergrowth of mature hedges, to soften the density of homes in these areas. The Weybrook estate tends to have a higher transitory population, with more starter homes especially on Ladygrove Drive and Dairymans Walk, so consequentially, there tends to be a slighter busier rental market here.  Weylea estate has more family sized homes and a less transient population. 

The average value of a semi-detached house on Weylea Farm estate is £350,314 whilst on the Weybrook estate a semi-detached house has an average value of £312,538. 

On the Weylea Farm estate, a three bedroom semi-detached house can achieve rents of around £1675-£1795 per month, while a three bedroom semi-detached house on the Weybrook estate delivers a slightly lower rent of £1550-£1675 per month. Both developments therefore have similar yields of around 5.7%-5.95% per year, so in this case, the conclusion reached depends on when you want to buy and what will be available at this time.

If you would like any advice when choosing properties, please call for a chat 01483 320207 or email richard@guildfordpropertyblog.co.uk

Thursday, 6 August 2015

Gloucester Road, an area popular with landlords

This is considered to be a popular area for landlords because properties in this area of Guildford are relative spacious yet affordable even by today's property price levels.

This house is being marketed by Hipps, Worplesdon Road, Guildford. It comprises three reasonably sized double bedrooms, a family bathroom upstairs plus a downstairs WC and a pleasant conservatory in which to enjoy more living space while admiring the garden.

The house offers an excellent rental potential as it is situated within walking distance of the university. The house could be rented out, as it is now for £1,350 pcm to deliver a yield in the region of 5%. 

Otherwise landlords have managed to extend these properties to provide as many as 5 student rooms, which would therefore have a huge impact on the yield. However this will require an extension onto the back of the house to provide a kitchen and communal area, converting the current kitchen into a bedroom; and then converting the lounge to provide the fifth bedroom.


Gloucester Road Guildford
An excellent investment property in Gloucester Rd

I believe this would be easier to do in a house on either the Bellfields or Park Barn estates where the properties tend to have more space in which to reconfigure rooms.

Recognising the property is in excellent condition it should sell fast and then the new owner can decide as to how they might want to maximise the return from their investment.

Further details to be found at:-
http://www.rightmove.co.uk/property-for-sale/property-51080323.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk



Wednesday, 5 August 2015

An Onslow Village property with no work required

This is a beautifully presented, three bedroom, semi detached property, located in Onslow Village, within 15 minutes walk of the town centre, mainline station and local amenities.

One could move in right away without having to complete any work whatsoever as the decoration and fittings are totally up to date. This suggests that the house is likely to receive an offer very soon.

However the property will suit a developer as there is considerable demand from families wanting to live in Onslow Village to enjoy excellent local schools, a close proximity to the town centre and the pleasure to be gained from living in an area which really does seem like a village. It still retains a parade of shops and an excellent community hall.

The property does therefore offer scope to enlarge, subject to the relevant consents, as many in the immediate vicinity have done so. For example, several properties have been extended into the roof to add a fourth bedroom, with ensuite, for guests, or a playroom for the children.


Curling Vale Onslow Village Guildford
Onslow Village modernised property 

The property is being sold by Chantries estate agents, in the town centre, with further details to be found at:-
http://www.rightmove.co.uk/property-for-sale/property-53880230.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk



Tuesday, 4 August 2015

A starter home in Bushy Hill Drive

Bushy Hill Drive is a well established residential estate, popular with young families as there are several well recognised state schools serving the area including George Abbot, St Peters RC Comprehensive and Bushy Hill Junior School. Merrow shops are located nearby and the town centre is a 15 minute bus journey only.


Bushy Hill Drive Merrow
A house with a garage in Bushy Hill Drive

This semi-detached house is a rare example for this address as it includes a garage. It offers reasonably priced accommodation considering it has three bedrooms, two of which are doubles plus a decent sized kitchen and lounge with gardens both front and back.

While it will not offer an investor a tremendous return on their purchase it will offer a young family a step up onto the housing ladder, in a reasonable area so Seymours, in Burpham, should have no challenge in selling it soon.

Further information can be located at:- http://www.rightmove.co.uk/property-for-sale/property-51050311.html

If you would like to have a chat about property prices in this area or a general discussion on investment opportunities in Guildford your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk