Friday, 27 September 2019

Do detached properties in Burpham make good investments for Buy to Let?

Several property owners in Burpham have placed their properties on the market to sell, to allow them to move on. In several instances they have not sold, so they have decided to put the property on the rental market until they believe the current uncertainty in the market improves, to have a better chance of selling their home.

One of these property owners approached me to seek my advice on what they sort of return they might expect for their detached property in Great Oaks Park.

Great Oaks Park Burpham Guildford Surrey
Great Oaks Park has some excellent properties for sale and rental

We therefore discussed two matters. Would it be worth keeping the property but using it as investment rather than a residential home? Secondly, how is the rental market performing in Burpham and therefore how much rental income might they earn, in order to cover their mortgage payments plus deliver a reasonable rate of return.

Firstly, we found that 335 detached houses have changed hands in Burpham since the year 1996.

Property values in Burpham have risen on average by around 463% over the last 23 years, but most detached properties in Burpham have beaten that rise.

When we look back to 1996, a three bedroomed detached property in Great Oaks Park sold for £124,000 in January, 1996 but was sold again for £640,000 in August 2014. This is an increase of 516%. A similar property has sold this year for £725,000 which equates to a current increase of 584%.

With excellent capital growth you would expect yields to be comparatively lower, but most four bedroom properties in the vicinity of Great Oaks Park achieve rents of £2,750 to £3,000 per month. This means annual yields can be around an attractive 5%!

It therefore confirms that "yes" property is always worth keeping for the long term, as an investment property, especially in Burpham, Guildford because a capital gain is always likely.

Burpham rental demand is high
Rental values are likely to increase in Burpham

Secondly, the rental market in Burpham continues to thrive as the area is in the catchment area of excellent schools such as George Abbott. There is a parade of local shops and two supermarkets plus great access to the A3 trunk road between London and Portsmouth. This means that there will always be excellent demand for property in the village.

Rental prices are likely to increase as there are very few 4 bed houses in the area available to rent to satisfy the market demand in this area. Rental income will therefore continue to increase yet costs will remain low, assuming interest rates charged on mortgages stay low.

If you would like to talk to us about the Guildford property market and prices please feel free to call me on 01483 320207 or go to https://instantvaluation.newman.uk.com/ to discover how much your property is worth today.

Friday, 20 September 2019

A rare opportunity in Onslow Village

These properties do not come up to often but when they do they provide a great opportunity for either a new owner, or a developer, to bring them up to a modern standard in order to reflect their personality onto the property. This is why I like this property.

Property requires modernisation in Onslow Village
Character property in need of modernisation

This is a three bedroom, 1930's, character, semi-detached house with views across to Guildford Cathedral. It has a garage which could be replaced by a 2 storey extension, subject to planning permission, and is located in the very popular and sought after area of Onslow Village. This was not only designed as a garden village and has therefore its own unique styling but it is conveniently located for the mainline railway station, Surrey University, the Royal Surrey County Hospital and the town centre.

This 3 bed house is being marketed at a price that compares favourably to neighbouring property values, by our friends at Surrey & Hampshire, in Godalming so why not contact them to arrange a viewing now? https://www.rightmove.co.uk/property-for-sale/property-63509145.html

If you would like a chat about property prices in Guildford or want to discover where you will find your next residential or investment property in Guildford call 01483 320207 or email
richard.hodgson@newman.uk.com

In the meantime why not visit https://instantvaluation.newman.uk.com/ to perform an online valuation for your home to discover how much it might be worth in today's market.

Realise the benefits of having your property re-valued every 6 months

We all know getting your home valued at different points in your life is important. This is especially important if you are trying to sell or are planning to sell in the future, but most people don’t realise you need to re-value every 6 months or so, to really reap the benefits.



The market can change quickly
The valuation you arranged is unlikely to be accurate if more than 6 months old, because the market (which tends to determine the value of your home) changes all the time. If you plan to move, or want to know the latest trends occurring in the local property market, to make an informed decision, it’s time to get a new valuation.

Guildford property prices continue to increase
Guildford has gained from a 200% growth in property values over the last 20 years.

To build equity
If you haven’t arranged to have a valuation done for a while, you may discover that the increase in your property value over recent years, has created enough equity for a deposit on another property. This does not suggest you leverage yourself to the hilt, but it is useful to know how much equity you possess, particularly if you have considered moving, or are thinking of purchasing a property as an investment.

Are you considering some major renovations?
If you are, it’s also a good idea to get a property valuation to work out whether or not you might be over-capitalising your property. If you find a good valuer or estate agent, they should also be able to advise you on what kind of extension or refurbishments will add value to properties in your area, if you have thoughts of adding value to your property before moving in the long-term.

Making renovations to your home because it’s something you really want – like a walk-in wardrobe - is all well and good, but it might be an idea to keep in mind the potential resale value of your property before you proceed. For example, making a walk in wardrobe out of a third bedroom could detract, rather than add, to the value of your property if you live in an area where demographics are weighted towards families.

Create additional value by improving your home
Maximise your war chest but do not over-capitalise your home compared to others in the area

Re-mortgaging your property
A preliminary valuation will help you work out what percentage of your property you own, and whether you can get a better deal. If your mortgage is up for renewal, you should definitely know the value of your home to give to your mortgage provider; and to support you in your negotiations to achieve a favourable mortgage and repayment terms. They will double-check the value, so ensure you get a professional valuer, to provide a more accurate figure.

So, act now. Get your new home valued to stay informed and up to date with your options.

Thursday, 19 September 2019

Family living at a reasonable price close to town centre

This property provides a reasonably sized home for the advertised price so would make an ideal home for a young family. There are three bedrooms with two reception rooms and is located within a stone's throw of London Road railway station and the town centre yet has the luxury of a car parking space.

It would make an ideal investment property as well, returning around 4% gross yield if the rent charged for a single let was pitched at around £1,500 pcm. This is why I like this particular property.

Modern family home close to Guildford town centre
Family house close to Guildford town centre

This 3 bed house is being marketed by our friends at Bourne Estate Agents so why not contact them to arrange a viewing now - https://www.rightmove.co.uk/property-for-sale/property-65673382.html

If you would like a chat about property prices in Guildford or want to discover where you will find your next residential or investment property in Guildford call 01483 320207 or email
richard.hodgson@newman.uk.com

In the meantime why not visit https://instantvaluation.newman.uk.com/ to perform an online valuation for your home to discover how much it might be worth in today's market.

Wednesday, 18 September 2019

Detached house with potential to modernise

Located in a quiet close within a short distance of Merrow village and local schools, including St Peters Catholic and George Abbot, this property has the potential to become a desirable family residence.

Having lived in the property for over 40 years making little change except for the addition of a conservatory and double glazing there is scope for modernisation work and the opportunity to extend (subject to planning approval) into the garden which is a corner plot. This will make the property a delightful family residence, located in a desirable area.

Property in Merrow Croft in need of modernisation
3 bed house in need of modernisation located in a desirable area
There are several larger 5 bedroom properties valued at the £1m+ mark located in this road to suggest that this will be a viable proposition. This is why I like this particular property.

For those who enjoy the game of golf, Guildford Golf Club is just across the Epsom Road.

The price was recently reduced so there will be a surge in demand for this property so why not contact our friends, at Hill Clements now to arrange a viewing before the property sells?
https://www.rightmove.co.uk/property-for-sale/property-72108418.html

If you would like a chat about property prices in Guildford or want to discover where you will find your next residential or investment property in Guildford call 01483 320207 or email richard.hodgson@newman.uk.com

In the meantime why not visit https://instantvaluation.newman.uk.com/ to perform an online valuation for your home to discover how much it might be worth in today's market.

Friday, 13 September 2019

How can you find a good property deal in Guildford?

I was talking to a developer the other day, when he suggested that there were no property bargains for him to buy in Guildford. Here is what I discovered recently about finding bargains that I had discovered over the last few months.

A 2 bed bungalow in Gateways sold last May for £525,000. In July 2016, the property had previously sold for £575,000, a drop in value of 8.7%!

Having purchased the property at a reasonable price and realising that the average price of property in this road is £1,120,750 a developer would have had the opportunity to profit from their investment.

This road comprises mostly detached 4/5 bedroom homes so the buyer would have the scope to increase the size of this property. While the property would not lend itself to being converted into a house it did at least have sufficient garden room to allow for the floor space to be increased subject to planning permission, and by modernising the bungalow increase its value to resell the property at a higher price.

On the other hand another property in Harvey Road sold for £1,622,500 in May this year. This represented a substantial increase of 63% since it was last sold for £995,000 nearly 4 year's ago, in November 2015.

This increase in price was realised by using a cleverly designed plan to maximise the use of space throughout. This home is now an impressive refurbished and remodelled six bedroom detached family home. The property has been extended to provide an additional 100 sqm. There is a new and substantial kitchen and breakfast area plus two additional bedrooms including one further ensuite bathroom.






The prime area of Harvey Road is situated above the High Street so is very close to the town centre, in addition to providing beautiful far reaching views across Surrey and Berkshire on the horizon. Harvey Road is also close to Pewley Downs providing access to miles of lovely walking and riding countryside with many footpaths and bridleways. The Royal Grammar School for boys is located in the Upper High Street not far away; and a short walk to The High School for girls.

This just goes to prove that a property does not necessarily have to be purchased at a discount in order to realise a healthy return on one's investment, However understanding your market and creating a high specification to meet the expectations of your buyer, ideally wanting to live in a lovely house close to the town centre, does help.

If you would like to talk to us about property in Guildford please feel free to call me on 01483 600840 or go to https://instantvaluation.newman.uk.com/ to discover how much your property is worth today.

Friday, 6 September 2019

Guildford v Jacobs Well

While speaking with a number of house owners in Jacobs Well recently it appeared that they had moved away from Guildford town centre to enjoy living in larger properties but comparatively less expensive.

This made me wonder what are the actual figures and is Jacobs Well definitely a place to be considered as a potentially cheaper home?

Jacobs Well has a population of just 1,171 and is situated on the northern edge of town surrounded by woods and not far from the River Wey and Sutton Green (the former home of John Paul Getty, the billionaire). There is a small shopping parade in one of the residential roads and the centre of all social activities is the village hall.

Jacobs Well village near Guildford


Having previously lived in terraced properties these house owners would have sold their 2 bed semi detached properties, in Guildford, for around £424,900 whilst their new 3 bed semi-detached bungalow in Jacobs Well could be acquired for a £400,000, or slightly less, so was around 5% less expensive.

If they were to return to Guildford town centre to purchase a 3 bed semi-detached house in the area where they had previously lived this would typically cost £550,000, considerably more than their new bungalow in Jacobs Well.

So it seems that while the house owners might have saved a little by purchasing in Jacobs Well, it is really the comparative saving they have made by acquiring a property with 3 bedrooms rather than their existing 2 bedrooms, that has saved them money. More importantly they now enjoy the country life and the benefits that this has brought to them.

If you would like to talk to us about property in Guildford please feel free to call me on 01483 600840 or go to https://instantvaluation.newman.uk.com/ to discover how much your property is worth today.

Wednesday, 4 September 2019

Guildford Property Market update - September 2019

For this month's Guildford property market update I have taken a look at the latest figures available to indicate the state of the nation, as the housing market continues to be influenced very much by national issues such as BREXIT and what possible affects the new PM and his policies will have on the property market, both locally and nationally.

Wages rose 3.9% in the three months to June, the highest rate of growth since 2008 according to new figures released by the Office for National Statistics. Wage growth continues to outstrip inflation, 1.9% in June, the same as in May and down 0.1% on April.

GDP contracted in the second quarter of 2019. This is the first time there has been a fall since 2012. Manufacturing output and construction both fell, and the trade deficit narrowed, following a sharp rise at the beginning of 2019, coinciding with the UK's original departure date from the EU.

UK employment remains at its highest level since 1971. The ONS report 32.76 million people aged 16-64 were in employment in the three months to the end of June. The number of self-employed part-timers has increased to over 1.5 million, more than double 25 years ago.

HMRC reported house sale transaction levels in July were 12.4% below the same month a year ago. It is worth pointing out that the June 2019 figure has just been revised from a 16.5% fall to a 4.7% fall. It is likely that the July fall is not as substantial as is being currently reported.

Nationally there were 7.8% fewer homes for sale in June compared to a year ago, according to Rightmove, with sales volumes 4.6% lower to date in 2019. With demand levels starting to stabilise, the RICS expect some improvement in sales rates at the national level over the next 12 months.

The latest RICS Residential Market Survey suggests market demand is beginning to stabilise. In July demand levels increased for the second month running, following consecutive months of decline since July 2018.

The low interest rate and greater availability of mortgage products might have influenced the number of mortgage approvals. These rose slightly in June to 66,440, above the 60,000 projected in the May Bank of England inflation report. Although buyer interest remains, the average time to find a buyer in July, was 62 days, the longest since July 2013, according to Rightmove.

The latest data available at The Land Registry states the average house price in the UK is £230,292. Property prices have risen by 0.7% compared to the previous month, and risen by 0.9% compared to the previous year.

How does the local Guildford property market compare?

Average property selling prices have continued to increase but only marginally at 2% overall, over the last 12 months.

Guildford average property prices

Most vendors I speak with have been concerned, for whatever reason, that their properties have been taking longer to sell. Current figures suggest the following number of days are taken for homes within a 3 mile radius of the centre of Guildford, to sell.

Time to sell by bedrooms


Time to sell by property type

The number of properties sold in the most recent month for which data is available, compared to the same month last year, has reduced dramatically. Some say this is due to a reduction in the level of seller and buyer confidence due to the current state of the nation so vendors are delaying their decision to move; or extending their homes rather than move to a larger property.

Guildford properties sold year on year


Currently their are 557 homes for sale in the Guildford area with 48 having been added in the last 14 days with an average asking price of £556,692. However a substantial number of property listings have also been removed from Rightmove over the last week suggesting that properties are being sold, even after months of delay.
Source: home.co.uk

Considering the uncertainty the Country has been through in the last three years with the ‘B’ word issue, stock levels and the increase in time to sell might be of concern but as prices are still moving up, albeit by only a small overall percentage, the underlying resilience of the local market does remain strong, as suggested by the long term price increases that Guildford has experienced.

Now looking forward towards the end of the year .. how will Guildford house values change under the new Prime Minister?

Boris Johnson and Brexit are short-term distractions from the long-term issues of the UK property market. Until we start building at least 300,000 properties a year to meet the demand for UK property, demand will always outstrip supply, meaning irrespective of short-term fluctuations that may or may not be caused by domestic and world events, prices will always in the medium to long term remain stable and increase.

Saturday, 31 August 2019

Character property in Ganghill

There is a straight path leading through the extensive lawn direct to the front door of this magnificent, character property.

Comprising 5 bedrooms, living room, drawing rooms, study and kitchen opening out into the orangery, it will offer accommodation for a large family and buyers wanting to enjoy spacious living. The orangery opens out to a large garden with an outdoor swimming pool.

Kitchen with open access to orangery
Kitchen offers open access to the orangery

Property with swimming pool
Back garden with swimming pool to delight the children

This exceptional property is situated in Ganghill, a quiet street with well maintained grass borders and at whose entrance stand a couple of ornamental stone features with tiled roofs. It is therefore located close to George Abbott school and Burpham village and within easy reach of Stoke Park and town centre.

Located a 10 minute bus ride from London Road station it is also convenient for those wanting to commute to London.

The property is being marketed by our friends at Knight Frank. Further details are available at https://www.rightmove.co.uk/property-for-sale/property-81655544.html

If you would like a chat about property prices in Guildford or want to discover where you will find your next residential or investment property in Guildford call 01483 320207.

For a free instant online property valuation click here.

Friday, 30 August 2019

Selling tips - the key features that make up a dream garden

Garden space often plays a key part in a property sale. But what are the key dream features that people would want adorning their gardens, if money was no object?

Garden specialist Oeco Garden Rooms put this question to 1,234 homeowners, who were given six luxury items to choose from. Those surveyed could also go off-piste and write down their own answers if their dream feature was not included.

A personal swimming pool topped the list, with 59% opting for this as their number one item. This was closely followed by a garden room/office (52%), while 50% said they would like a hot tub.

An outdoor kitchen/pizza oven, which has become particularly trendy and desirable in recent years as a foodie revolution has swept across Britain, was in third place, while a water feature/fountain was the ideal item for 41% of participants.

A sauna, something that is especially popular in Northern European countries where temperatures plunge during winter, completed the top 6, with 32% of the vote.

Of the off-piste, written down answers, the most popular responses were ‘hiring a full-time gardener’ to keep a garden in tip-top condition, ‘building a home gym’ and having ‘tennis courts’ or ‘football pitches’.

While some of the dream features are beyond the wishes of most people – only a relatively small number of homes in the UK have a swimming pool or personal football pitch, for example - some are slightly more realistic.

Guildford country cottage garden
A delightful country cottage garden

A water feature/fountain, for example, wouldn't necessarily cost the world to install, and wouldn't need to be ridiculously extravagant, luxurious or expensive. A fountain would be likely to cost more, but a water feature could be purchased for reasonable prices if you made sure to shop around.

What's more, while building a home gym would be costly, a makeshift one – in your garage/shed – would be far more affordable. Gym equipment can be purchased for reasonable prices second hand, dumbbells don't tend to cost much, and gym mats and exercise balls won't blow a hole in your pocket, either.

Pizza ovens, meanwhile, are probably a more realistic option than a whole new outdoor kitchen. They can range from £200 to £900, depending on the size, make and quality of the oven. Not cheap, then, but nowhere near as expensive as a swimming pool, a tennis court or a hot tub. Wood-fired pizzas are all the rage at the moment – as trendy as courgette spaghetti and butternut squash pasta – so if you are eager to add value to your home and increase your chances of selling in the future, an outdoor pizza oven would be a wise move.

In this country, the months in which you can use an outdoor oven are, of course, more limited thanks to our famously unpredictable weather. That said, they come into their own in the spring, summer and sometimes even autumn months. In addition, they will have appeal to hip young professionals and those who fancy themselves as the next Jamie Oliver or Tom Kerridge.

More than anything, your garden needs to be bright, attractive, well-maintained, tasteful and colourful. If you ever come to sell your home, your garden will be a key selling point – so it needs to look the part. Most buyers won't be expecting any of the dream feature set out above, but if you happen to have a pizza oven, a home gym, a spectacular water feature or a garden room/office, make this a central part of your sales strategy. It could just make all the difference.

Gardens have to be versatile places – a place for entertainment, a place to unwind and a place to hold BBQs, dinner parties and family gatherings. That, on the whole, is more important than dream features. But, if you possess dream features, all the better. And don't be afraid to shout out about them.

If you would like to talk to us about property in Guildford please feel free to call me on 01483 600840 or go to https://instantvaluation.newman.uk.com/ to discover how much your property is worth today.

Tuesday, 27 August 2019

On the right track?

When visiting Guildford railway station at around 6 a:m, one recent morning, I was staggered to see just how busy the platform was for the next train travelling up to London Waterloo. It made me wonder a number of things. How early do these commuters have to get up in the morning; and secondly, have they saved time by buying a property to live in, situated close by to the station?

While we are fortunate to have two railways stations in Guildford plus further stations on the outskirts off the town in Shalford, Worplesdon, Farncombe and Godalming, most passengers travel from Guildford mainline station, possibly because it has so many connections to London and other major towns in the South East.

Guildford mainline railway station sign

This is confirmed by a report published in 2015. This studied the number of passenger journeys in and out of the UK's railway stations. The busiest station in the country was London Waterloo with an estimated 99.2m entries and exits in 2014/15, followed by London Victoria with 85.3m suggesting the majority of commuters into London are likely to be living in the South East.

The report confirmed that the busiest station in Surrey (and 40th in the country) was Guildford with 8.1m passenger journeys. Woking was the second busiest (7,462,936 passengers), followed by Epsom (3,740,752), Redhill (3,629,342) and Staines (2,825,096).

So, if Guildford is the busiest railway station in Surrey and people prefer to have a short journey from home to the station how does this affect the property market?

Guildford railway station platform
Guildford mainline railway station

There are 54, 147 and 369 properties on Rightmove currently available for sale to prospective buyers looking to move to a location within 1/4, 1/2 and 1 mile of the station respectively, and therefore within a 20 minute walk.

There are currently 305 more flats and houses, of all types, for sale at least a 10 minute walk away (1/2 - 1 mile) than within a 1/4 mile walk, where there are just 56. This might be because much of this area within 1/4 mile of the station is occupied by Network Rail and the University of Surrey. There are more semi-detached properties on the market within a mile of the station than any other type of house, followed by detached and then terraced. One third of the properties on sale in this area are flats.

Zoopla quotes the average price for property in and around the railway station was £558,347 in August 2019 with flats selling for an average of £331,904 and terraced houses for £479,224.

This compares to the area 1/2 mile away from the station where the average price for property stood at £480,553 in August 2019 with flats selling for an average of £187,312 and terraced houses for £474,683.

The average price for property located 1 mile from the railway station stood at £400,884 in August 2019 with flats selling for an average of £331,904 and terraced houses for £402,368.

These figures therefore suggest that it it is more expensive to buy a property close to the station but gets cheaper as one travels further out from this location. This is possibly because there are fewer properties within the 1/4 mile distance so drives up price, or indeed buyers are willing to pay more for a property located close to the station.

However Zoopla also states that property values increased by 14.61%, in the last 5 years, for properties located more than 1/4 mile away from the station but only 11.52% for those located closer to the station.

If you would like to talk to us about property in Guildford please feel free to call me on 01483 600840 or go to https://instantvaluation.newman.uk.com/ to discover how much your property is worth today.

Monday, 26 August 2019

Well appointed house close to Stoke Park

This property is situated in a quiet wooded street located within easy reach of both state and private schools, opposite to Stoke Park and close to the town centre. It will therefore offer a wonderful family home with potential for extending subject to planning approval.

The state of the art kitchen has been extended to become the centre of the house with bi-fold doors opening out to a magnificent garden. There 4 bedrooms including one with en-suite and the decor is clean and modern. There is ample parking room too.

Property at Ennismore Avenue Guildford
Kitchen with bi-fold doors leading out to a magnificent garden

Located 10 minutes walk from London Road station it is also convenient for those wanting to commute to London.

The property is being marketed by our friends at Collins and with the asking price recently reduced by £70,000 will sell quickly. Further details are available at https://www.rightmove.co.uk/property-for-sale/property-62730192.html

If you would like a chat about property prices in Guildford or want to discover where you will find your next residential or investment property in Guildford call 01483 320207.

For a free instant online property valuation click here.

Friday, 23 August 2019

Dennisville - built for Dennis workers, home to students

A landlord recently missed his chance to buy a three bed semi-detached property on Raymond Crescent, near the University of Surrey and the Cathedral, as it sold in a matter of days. He asked me if there is something special about the area, so I did a little research.

I have included St John's Road, Downing Avenue and Raymond Crescent in my findings for the area affectionately known as Dennisville. This was constructed for the workers at Dennis Brothers, the manufacturer of buses, fire engines, lorries and dustcarts, all built nearby on Cathedral Hill, now demolished and occupied by companies such as Philips, Palmolive, RBS and Avaya.

Dennisville Guildford
Dennisville was built to house Dennis factory workers

Two hundred and twenty-three houses were constructed for their workers, in the 1930's. John and Raymond Dennis died in 1939 so their names are commemorated in the names of Dennisville's St John's Road and Raymond Crescent.

Raymond Crescent Dennisville
Street named after Raymond Dennis, one of the Dennis Brothers

A number of two bedroom houses have sold in the area for around £400,000 in the last two years. To prepare the property as a rental investment could take around £20,000 to redecorate and install new bathroom and kitchen but this could achieve a rental of around £1395 per month, which would provide a reasonable annual yield of around 4%.

The three bedroom semi-detached properties in the Dennisville area, which were selling for a maximum of £450,000 last year, are now selling for £400,000 which is probably a reflection of the recent 7.22% slowdown in prices, over the last 12 months.

The bigger houses offer the buyer or investor more rooms, which can be more appealing especially if a landlord is planning to house students studying at the nearby University of Surrey. One such property has been let recently for £3,750 pcm, having been extended to provide six rooms for let, and even the 3 bed houses can be let to sharers for a round £2,000 pcm.

The potential gross yield for these properties will therefore be an attractive 6-10% and there is high demand from students for these properties as they only need to walk 5-15 minutes to reach their destination, at the University.

In conducting my research I managed to speak with one of only two of the original Dennis workers still living in the area. They have been residents since 1960. They purchased the property for £2,000. Now their home is worth around £400,000 and because it is unencumbered they could realise a £398,000 profit over the 59 years, which equates to an annual income of £6,745.

If you would like to talk to us about property in Guildford please feel free to call me on 01483 600840 or go to https://instantvaluation.newman.uk.com/ to discover how much your property is worth today.

Friday, 16 August 2019

Selling Tips - Guide to Property Photography

✔️ The better your preparation, the better your images.

Copyright: Andy Gaunt

✔️ Hire a Professional Photographer. Agents tend not to be professional photographers especially if they use an iPhone to take photos. Don’t scrimp on the cost. Professional photos are the key to marketing and selling the home.



✔️ Move cars, bins, toys and any rubbish out of the external shot.

✔️ Open curtains and internal doors to increase light into the room.

✔️ Turn the TV off to keep the shot free of unwanted distractions.

✔️ Take pets out to avoid capturing them in shots.

✔️ Use a mix of photo media. Virtual tours will better qualify potential buyers. Video lets buyers see themselves living in the house to increase the likelihood of a request to view.

✔️ Take a photo to emphasize each room’s individual selling point.

✔️ Work around the weather. Blue sky and additional lighting can be added when editing the photos.

✔️ Use coloured objects to make photos stand out e.g. cushions, artwork, flowers

✔️ Take shots during the “Magic Hour” at dusk to create effect.

✔️ Turn on all the lights in the house before you start shooting.

✔️ Don’t use flash. It can cause shadows, and degrade the natural look of the image.

Discover how much your property is worth

If you would like to have a chat about property prices in Guildford or to discover where and how you can find your next residential or investment property, before it goes onto the portals, call 01483 320207 or email richard.hodgson@newman.uk.com

Thursday, 15 August 2019

The house of bathrooms

This traditional Victorian 3 bedroom property located within 10 minutes walk of the town centre has an amazing 3 bathrooms. A shower room has been installed in the basement adjacent to the bedroom and one of the original bedrooms upstairs has been converted into a family bathroom in addition to the original bathroom located to the rear of the kitchen.

Guildford property with three bathrooms
Light and airy modern kitchen

Investors could utilise the front reception room as a bedroom and in so doing should achieve a gross yield of around 6%.

The property is located just a stone's throw from the Waitrose supermarket and town centre. There is a short walk to reach the Guildford mainline railway station. This means that there is little requirement for a car to travel locally, or up to London.

Our friends at Curchods are marketing the property. Further details are available at https://www.rightmove.co.uk/property-for-sale/property-82510142.html

If you would like a chat about property prices in Guildford or want to discover where you will find your next residential or investment property in Guildford call 01483 320207

For a free instant online property valuation click here.

Wednesday, 14 August 2019

A well appointed home close to Guildford town centre

This property has huge potential for either a growing family or a property investor, looking for a gross yield of circa 6%.

It has been extended into the roof and refurbished and modernised throughout to provide 3 bedrooms, including one ensuite plus a further bedroom in the basement. This has been tanked to Building Regulations standards.

There is one reception room available which could provide a fifth bedroom with access to a separate w.c. adjacent. The most impressive area is the kitchen/diner/family area which has bi-fold doors out into the garden, where you will discover a garden house.

Extensive kitchen at Gardner Road Guildford
Relax with friends and family in this extensive kitchen/diner/family room

Located opposite the cricket ground and within easy reach of both Guildford train stations, the property is only a 15 minute walk into the town centre saving the need to drive into town. This will make it an ideal home for someone who therefore commutes up to London.

The property is being marketed by our friends at Chantries. Further details are available at https://www.rightmove.co.uk/property-for-sale/property-81422342.html 

If you would like a chat about property prices in Guildford or want to discover where you will find your next residential or investment property in Guildford call 01483 320207.

For a free instant online property valuation click here.

Tuesday, 13 August 2019

A grand house in the town centre

This amazing property has everything including a wine cellar, play room, 5 bedrooms with 2 ensuite plus an extensive kitchen/dining/lounge area which adds a modern touch to this period home.

Guildford property with modern kitchen diner and lounge area
A grand house right on the edge of the town centre

Located within the Waterden Road conservation area, just a 5 minute walk into the upper High Street and not far from the G-Live centre and London Road railway station it offers a substantial residence in an ideal location with parking and a garage for several cars.

There is also a workshop/shed out in the garden which has been maintained to a high standard to offer a delightful place to relax in the Summer evenings.

The property is being marketed by our friends at Strutt & Parker, in Guildford. Further details are available at https://www.rightmove.co.uk/property-for-sale/property-72202030.html

If you would like a chat about property prices in Guildford or want to discover where you will find your next residential or investment property in Guildford call 01483 320207.

For a free instant online property valuation click here.

Friday, 9 August 2019

How can families move up the property ladder?

Many couples come to a point in their lives when it is time to move into a larger property so often ask me where should they move to next?

They generally want to move from a smaller 3 bed house, often with a third bedroom that is barely more than a box room, to a 4 bed house with a larger garden for the children to play in.

Their budget will often depend upon their current circumstances of course. But most have experienced some capital growth in recent years and may have a second property to sell in order to realise funds, having lived there before they married.

Guildford property sellers moving up the property ladder


On the assumption that they want to stay in the local area (80% of people moving are thought to stay in the same area) especially if they have children in local schools and that they currently live in a 3 bed terraced or semi-detached property the sales price is likely to be £450,000 compared to a median purchase price of £580,000 for a 4 bed terraced or semi-detached house; and £750,000 for a 4 bed semi or detached property in the same area. Moving up to 5 miles out of town will reduce the price for a 4 bed semi or detached property to around £650,000.

Alternatively they could extend their current property, as many property owners are doing to save the cost of moving expenses.

Alternatively they could consult a property agent with knowledge of the current state of the local property market and opportunities to view a property before it is listed on the property portals, in order to realise their property dream.

Discover how much your property is worth

If you would like to have a chat about property prices in Guildford or to discover where and how you can find your next residential or investment property, before it goes onto the portals, call 01483 320207 or email richard.hodgson@newman.uk.com

Friday, 2 August 2019

Where will Guildford build new homes?

For anybody that has traveled in and out of Guildford mainline station, or has the pleasure of walking, running or cycling along the River Wey towpath from the town centre to Ladymead, will be aware of the changing skyline as the dull, featureless industrial units have been demolished and more stylish housing developments have taken their place.

New apartment blocks in Walnut Tree Close Guildford
Apartments in construction along Walnut Tree Close

It seems that times are changing. No longer do we require industrial units for manufacture and warehousing but more homes for those wanting to step up onto the first rung of the property ladder. Both central and local government have recognised this growing need and therefore provided the required planning permission to enable developers to build the apartment blocks suited to the requirements of young home buyers, while also regenerating the local economy.

It was well known that Guildford was unable to meet its responsibility to have a 5 year supply of housing land so realised it had to build more new homes – 12,426 properties are required between 2015 and 2034 so where will these be built?

One significant location has been Walnut Tree Close. It was the ideal location as brownfield sites became available through the demolition of the former industrial units reducing the need to build on green fields or green belt land.

The area has seen a number of new residential developments being built and completed over recent years, to create a new and attractive residential neighbourhood close to the town centre and mainline railway station. Some developments overlook the River Wey providing an idyllic home away from the town centre.

Changing skyline Walnut Tree Close Guildford
Changing skyline in Walnut Tree Close

The building of apartment blocks has opened up the possibility to rent stylish new apartments all with modern facilities and managed services; and in some cases enable purchasers to qualify for financial assistance through Help to Buy or Shared Ownership schemes, making it easier for them to afford their own home, in a town where affordability was limited yet employment opportunities plentiful.

If you should like to have a chat about any matters discussed in this article or about the Guildford property market in general then please do contact me.

Friday, 26 July 2019

Town or Village Life?

Guildford and the local villages offer a wonderful living environment so does one select a village to live in or the town centre? This will often be a personal preference subject to a property buyer's lifestyle aspirations and their objectives for moving. These might include family and friends; schools; the local infrastructure including public transport; and investment criteria.

The GU1 postcode area includes Guildford Town Centre, Merrow and Burpham where people live to benefit from local schools, shops and leisure facilities.

GU2 is also located close to the town centre but tends to be a little less expensive. It attracts a large student population as it is home to the University of Surrey. Families move to Onslow Village (GU2) because it is a desirable area for those wanting to live close to the town centre or the main line station, to travel up to London for work. This village was designed as a garden suburb, with its own parade of shops and an arboretum comprising trees from all over the world.

Moving out towards the local countryside GU3 comprises villages such as Normandy, Flexford, Puttenham, Worplesdon and the notorious Christmas Pie (named after a family called Christmas and a piece of arable land).

Christmas Pie village
The village named after the Christmas family

Villages closer to town include Burpham and Jacobs Well plus Chilworth and Shalford. The latter two have their own railway stations so are within 10 minutes travelling time of Guildford mainline station.

Finally there is the GU5 postcode area, home to Albury, Bramley and Shere, the beautiful, quintessential English village located between the Guildford and Dorking. The village has historical buildings, a stream with ducks, a small museum, a tearoom, two pubs, as well as St James Church, a 12th century church. These villages all sit on the edge of the Surrey Hills Area of Outstanding Natural Beauty.

Shere Village
The quintessential village of Shere

Which group of residents have gained most financially from the value of their property over the past 20 years? Is it those enjoying town living or those enjoying a quieter, more peaceful existence in the countryside?

The highest average prices paid during the last 12 months were £592,051 (GU3) and £767,163 (GU5) no doubt because these are home to larger properties including some country estates.

There was very little movement in property prices during the last 12 months though GU2 sustained a decrease of £10,932 (2.37%). During the last 5 years the increase in property prices was evenly distributed across all the postcodes at around 17%; but over the last 20 years the highest growth was experienced in the town centre (GU1) where it reached 222.88% and 217% (in both GU2 and GU4) suggesting that perhaps demand for town centre properties does tend to be greater than for property situated out in the country.

If you should like to have a chat about any matters discussed in this article or about the Guildford property market in general then please do contact me.

Monday, 22 July 2019

Family Living at a Reasonable Price

This property offers a substantial amount of rooms for the asking price and is just 10 minutes walk from the town centre.

There are 3 bedrooms upstairs with a fourth bedroom with ensuite on the ground floor ideally suited for a guest, garage with driveway and a substantial kitchen/living area all designed for a young family needing more space in a convenient location.

Stylish Kitchen in a House Designed for Modern Living
A Stylish Kitchen in a House Designed for Modern Living


The property is light and airy. It has a stylish kitchen with white cabinets and integral appliances for practical dining and relaxation.

Our friends at Chantries have recently reduced the property asking price so now might be the time to make an enquiry. The listing can be found on Rightmove at:
https://www.rightmove.co.uk/property-for-sale/property-82314215.html

If you would like to have a chat about property prices in Guildford or to discover where and how you can find your next residential or investment property, before it goes onto the portals, call 01483 320207 or email richard.hodgson@newman.uk.com

This document is for information only and should not be relied upon.  All details should be checked and verified with the owner and their professional advisors.  We are not able to offer any legal, financial or tax advice. You should consult your solicitor and financial advisors for this.

Friday, 19 July 2019

Selling Tips - Guide to Staging Your Property

This is the first in a series of guides designed to help you to sell your property at the right price and quickly.

Home Staging
The sale of your home is usually decided within minutes of viewers walking through the front door.

First impressions count, so do all you can to maximise the impact on potential buyers. Below are suggestions to create that wow factor and therefore help you to prepare your house for sale to improve your ability to achieve your asking price.

A property industry trade body claims 85 per cent of agents believes a ‘staged’ property sells three times faster than a non-staged home.

The Home Staging Association says research for a new report shows that staging costs of £500 to £5,000 will produce higher sale prices.

“Seventy per cent of agents stated home staging increased the offer value by one to 10 per cent, with 16 per cent reporting a seven to 10 per cent rise in offer value” it says.

“In addition 77 per cent of developers saw a return in their investment, reporting that the sale of the property paid for the cost of staging, highlighting how professional staging often is the best choice financially for homeowners” it continues.

The association’s research suggests that 74 per cent of agents consider the reception room as the most important to be staged for a sale, with another 10 per cent choosing the kitchen,
and a further 10 per cent stating the master bedroom.

Example of a cluttered property
Example of a cluttered house
Declutter
Declutter all rooms and remove any personal items so that the buyer can imagine themselves living there by taking away any distraction from the room itself.  Make sure to pay close attention to detail in the kitchen and bathrooms, as this can make or break a potential sale. Both rooms set the mood for the rest of the home.

Buyers are often looking for more room and how their personal items will look in the house, so pack away anything that creates visual clutter such as ornaments, toys, or excess pieces of furniture to create a feeling of space and order.

Finish DIY projects
Unfinished DIY jobs could be used as a potential bargaining tool to negotiate a lower price. Most buyers will be looking to just move in, and will be reluctant to spend time or money completing your unfinished projects.

Redecorate where necessary
A neutrally decorated, well-presented house can add great value to your asking price. Invest in fresh paint to clean up scuff marks, or to lighten up rooms currently painted in a vivid colour which may not be to a buyers taste.

Neutral colours create a more soothing environment and allow the buyer to imagine their own style in the home.  If redecorating, grey or white walls & grey carpets tend to be popular now so likely to appeal to the mass market.

You need to be able to stand out from the competition on property portals so use brightly coloured soft furnishing, accessories & artwork in photographs to ensure your property jumps off the page!

Clean, clean and clean again
A sparkling, sweet-smelling home creates a good impression. Clean all bathrooms, the kitchen, polish windows, dust all surfaces, hoover the floors and make sure animal and cigarette odours are eradicated by removing cigarette butts and feeding bowls. Ideally pets should be removed too as some viewers may be allergic to cats and dogs.

Define the space
If you have 3 bedrooms they must be presented as 3 bedrooms, not 2 bedrooms and a box room. If you have a lounge and a separate dining area they need to be presented as such rather than a lounge and children’s playroom.

Furniture Placement
Minimal furniture will show off the space in each room, while allowing the buyer to imagine their own furniture in the property. Place living room furniture around the natural focal point in the room, such as a fireplace or feature wall.

Presentation
Try to see your property through the eyes of a potential buyer. Take photographs of each room and then look at them objectively. It will become obvious what needs to change, whether it be de-cluttering or re-positioning furniture. During viewings turn the lights on and display vases of flowers, bowls of fresh fruit and scented candles.

Lighting
Lamps, lamps, lamps! Every room should at least have one lamp in it to create mood lighting. This creates a homely feel and the perfect vibe for selling your home.

Kerb Appeal
Buyers will form an opinion within the first 5 seconds of entering a property so ensure the exterior of the property looks well maintained and welcoming. Tidy the garden, remove weeds, mow the lawn, hide the dust bins and park cars elsewhere. Add colour with plant pots or hanging baskets. Repaint the front door if necessary.

Hallways and Entrances
If a room is dark or lacking interest add a mirror. It will completely transform a space. Not only does a mirror reflect light, it mirrors the room, making it feel double the size. Allow potential viewers to literally ‘see’ themselves in the house by placing a mirror in the hallway. Tidy away all coats, shoes and bags to ensure it is clutter free.

Set the table
A set table helps to capture the imagination of the view. They can then see themselves holding dinner parties or sitting down with friends & family. It also looks fantastic in the photos.

Mentally move out
This is the most important thing you can do. You have decided to move on so do all you can to achieve a quick and profitable sale. Don’t worry if the presentation of your house is not to your taste as you’ll soon be moving on and can look forward to creating a space to suit you in your new home!

Don’t see staging your property for sale as an upfront cost. It is an investment. Spend a little to make a lot in the sale, You should achieve not only a quicker sale, but a higher sale price.

Example of a staged property
Example of property staged to sell

Next tips ... photography - make it professional






Thursday, 18 July 2019

A Property for Cricket Fans

This property is unique being situated almost on the boundary of the local cricket ground, home to Surrey county matches and the annual beer festival. It is close to Dapdune Wharf too.  Just a 10 minute walk into the town centre one can visit shops, restaurants, pubs and the local mainline railway station without the need to have a car.

It was formerly the home of the groundsman but sadly his position was terminated and so the property has been left empty for several years.

pproperty for cricket fans
A property for cricket fans

Comprising 3 bedrooms, bathroom, kitchen, dining area and lounge it has the potential for extension, as well as modernisation, as it sits on a corner plot, in order to make it into a lovely family home.

Romans are acting on behalf of Guildford BC as their agent and further details can be found at:
https://www.rightmove.co.uk/property-for-sale/property-78861638.html

If you would like to have a chat about property prices in Guildford or to discover where and how you can find your next residential or investment property, before it goes onto the portals, call 01483 320207 or email richard.hodgson@newman.uk.com

This document is for information only and should not be relied upon.  All details should be checked and verified with the owner and their professional advisors. We are not able to 
offer any legal, financial or tax advice. You should consult your solicitor and financial advisors for this.

Wednesday, 17 July 2019

An Oasis in Abbotswood

This property is a gem occupying a position to the far end of the Abbotswood Estate.

Situated within a short distance of highly regarded schools including George Abbot, it is ideally suited to a family requiring space to enjoy live comfortably. The property is within easy reach of the A3 to London and Portsmouth; and just one mile to the local railway station, at London Road.

The garden is landscaped and goes all the way down to the border with the local nature reserve. The main feature of the garden is the swimming pool, ideal for keeping cool and relaxed in this current warm weather. There are other leisure facilities nearby at Stoke Park and The Spectrum Leisure Complex.

The property is light and airy having been decorated in light tones. There are four good sized bedrooms including one en-suite. The property comes with a double garage and plenty of parking space on the drive way.

Keep cool in the swimming pool at this property in Abbotswood
Keep cool in the swimming pool at this property in Abbotswood

Most importantly the property is now priced to sell at £850,000, comparing favourably with other properties on the Abbotswood Estate.

The property is on the market with our friends at Gascoigne Pees, in Guildford High Street. Further details are available at:
https://www.rightmove.co.uk/property-for-sale/property-73122890.html

If you would like to have a chat about property prices in Guildford or to discover where and how you can find your next residential or investment property, before it goes onto the portals, call 01483 320207 or email richard.hodgson@newman.uk.com


This document is for information only and should not be relied upon.  All details should be checked and verified with the owner and their professional advisors. We are not able to offer any legal, financial or tax advice. You should consult your solicitor and financial advisors for this.

Friday, 12 July 2019

Burpham or Merrow?

Guildford is a market town surrounded by an area of outstanding natural beauty so property owners have the luxury of country living but with local access to a shopping and business centre within the vicinity.

Two of the most attractive areas in Guildford are Burpham or Merrow so I am often asked by buyers which village would I recommend. This is a difficult question to answer because both locations offer a good quality of life providing a high standard of housing and excellent schools, shops plus local leisure facilities and transport links.

These areas are separated by the Guildford to London railway line via Cobham.

The village of Merrow is located in the north-east of Guildford, 2 miles (3.2 km) from Guildford town centre and situated on the edge of the ridge of hills that form the North Downs. Merrow can trace its origins back many hundreds of years when its name literally meant 'fat', "probably referring to the high fertility of the land". The village grew up around a crossroads at which the A25 road between Guildford and Leatherhead and the original road (Merrow Street), which would have enabled local citizens to travel from Burpham to Dorking, used to intersect.

The oldest houses in the village can still be seen along these two roads, together with St John's Church and the Horse and Groom, a 17th-century coaching inn next door.

Merrow Village

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

Further expansion occurred in the mid-1980s when 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 suburb in its own right as it has its own shops, school and doctor's surgery.

Merrow Park

There are several exclusive roads in Merrow comprising Fairway, Levylsdene and Longmead all leading up to Guildford Golf Club and the North Downs beyond.

The median pricing for houses in Merrow is £500,000 though this might have increased slightly in the past year with houses on the Linden development, at Redland Close, having sold for up to £1.6m.

Merrow has experienced excellent capital growth over the last 20 years with most houses more than tripling in value, at around 365%.

Burpham is home to the largest secondary school in Guildford, George Abbot School, a parade of small shops, and the nationally recognised, Sutherland Memorial Park used for sporting and leisure pursuits.

Sutherland Memorial Park Burpham

Similarly to Merrow, Burpham has a mix of housing especially in the Weylea Farm and Weybrook Farm developments built more or less at the same time as Merrow Park. The jewel in the crown is Abbotswood, a conservation area located close to Stoke Park and built as a garden suburb in the Arts and Crafts Style by the notable architect Alfred Claude Burlingham.

Abbotswood conservation area

The median price for property in Burpham is lower than Merrow, at £325,000. This reflects the many lower-priced starter homes and flats situated in the Weybrook and Weylea housing estates.

One of the reasons why Burpham tends to be a popular place to live for families is that it lies within the catchment area for George Abbott School so there is always a healthy demand for 3/4 bed houses. Burpham has experienced a capital growth over the last 20 years of 380% so achieving a higher capital growth than Merrow.

In conclusion it is therefore difficult to favour one area over the other but if you are a keen golfer then Merrow has to be your preference being the home to the Guildford Golf Club. From there you can walk onto the North Downs and over to Newlands Corner, the beauty spot made famous by Agatha Christie, when she mysteriously disappeared from there in 1926 to then be discovered in a Harrogate spa.


If you should like to chat about any matters discussed in this article or about the Guildford property market in general then please do contact me.