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THE RENOVATION GAME

Independent, The (London),  Jul 2, 2008  by BEN NAYLOR

GEORGIAN HOUSE, FARNHAM, SURREY

What's for sale?

This charming, grade II-listed, three-storey country house situated in two-thirds of an acre. The amount of work required is significant but the lack of modernisation means it has retained numerous original features such as architraves, cornicing and staircases.

How much?

It has a guide price of 550,000.

What's needed?

What isn't needed? Owned by the same family for the last 80 years it has been left relatively untouched - the roof needs some work, there's damp, the walls need plastering and you'll want to install a new bathroom or two and a kitchen. The work should cost about 200,000, which may seem like a lot, but you'll be left with a stunning eight-bedroom home.

Profit potential

It's predicted that with all the work done, you could sell it for 950,000. The location is also a winner - Farnham, an old market town set in beautiful countryside, is easily commutable to London.

Strutt & Parker: 01252 821 102

Copyright c 2008 Independent Newspapers UK Limited. All rights owned or operated by The Independent.
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