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

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