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Farnborough Road, Farnham, Surrey, GU9 - Image 1
Farnborough Road, Farnham, Surrey, GU9 - Image 2
Farnborough Road, Farnham, Surrey, GU9 - Image 3
Farnborough Road, Farnham, Surrey, GU9 - Image 4
Farnborough Road, Farnham, Surrey, GU9 - Image 5

Farnborough Road, Farnham, Surrey, GU9

South East

£275,000
Listed on 02/11/2024

Property Details

Bedrooms
2
Type
Semi-detached house
Area
505 sqft

Description

This charming two-bedroom period cottage offers a promising opportunity for those seeking a renovation project. With its classic architectural features and original character, the property presents a solid foundation for modern updates. Nestled in a location that boasts convenient access to local amenities, this cottage is ideal for both homeowners and investors looking to capitalize on the area's potential. The nearby shops, cafes, and public transport options enhance its appeal, making it an attractive option for future tenants or buyers after renovation. The interior spaces provide ample room for creativity in redesigning layouts and finishes to suit contemporary tastes. With some modernization efforts, this cottage can transform into a comfortable residence that retains its vintage charm while meeting today’s living standards. As a freehold property located in a council tax band B area, it presents an advantageous investment scenario with manageable ongoing costs. Whether you envision creating your dream home or enhancing the property as part of an investment portfolio, this cottage provides the perfect canvas for your aspirations.

Investment Analysis

(GU9 area)

Above Market Value

This property is priced +10.3% above area average per sq ft

+10.3%
This Property
£545/sq ft
Area Average
£494/sq ft
Avg Rent (weekly)
£344
Avg Yield
3.0%

Renovation Potential

Est. Renovation Cost
£27,500 - £68,750
10-25% of property value
Target Value
£274,306
10% above area average per sq ft
Potential ROI
-20.2%
After renovation
Monthly Sales
19
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (GU9)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -2.5%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on GU9 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

Farnborough Road, Farnham, Surrey, GU9
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