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Hogs Back, Farnham

South East

£1,750,000
Listed on 18/01/2024

Property Details

Bedrooms
4
Type
Detached house

Description

This unique property spans 0.66 acres in the desirable area of Farnham, Surrey, presenting an exciting opportunity for renovation or redevelopment. Currently configured with four bedrooms, the existing dwelling offers a solid foundation that can be transformed to meet modern living standards. The site’s planning permissions allow for an expansive 3,000 square foot residence, which opens the door for tailored design and customization. Moreover, there is potential for further development—subject to obtaining the necessary planning approvals—to construct up to two additional homes on this plot. Located in a scenic and family-friendly neighborhood, this property not only provides ample space for a growing family but also positions itself as a compelling investment for developers looking to maximize its potential. With nearby amenities and good transport links, this area is well-suited for those seeking both tranquility and accessibility. Planning reference numbers are available for review (Surrey County Council - Guildford Borough) including 21/P/02418, 20/P/00198, and 21/P/00364.

Investment Analysis

(GU10 area)
Area Average
£510/sq ft
Avg Rent (weekly)
£548
Avg Yield
2.9%

Renovation Potential

Est. Renovation Cost
£175,000 - £437,500
10-25% of property value
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (GU10)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 1.4%
5 year growth: 7.1%
Investment Disclaimer: Analysis based on GU10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hogs Back, Farnham
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