buying nextdoor to make into 1 house

roswell

The risk is that your one Big property will be harder to sell that 2 normal propertys not a problem if you plan on never selling but I think its going to be a lot more work than you think eg 2 sets of electrtic bills till you get meters removed same for water phone / post etc you will have to be 100% sure that thsi is what you want to do and i dont know how easy it will be for you to get finance on a property that realistacly is going to disapear. (Eg no 13 X road will not be number 13 any more.

I have seen a few of these done and yes they look good but i know of 2 that are the only ones in there respective streets one has been put up fopr sale and been FOR SALE for about 18 months now.

real1314

have they got gardens? are they more "cottagey" than terraced?

from an investment point of view it would only work if you can end up with gardens and a cottage feel I would think.
How many people want to live in a 4 bed terraced?

annie123

Be careful, you could have trouble selling it.

You must make sure that you get PP and building regs from the council.

Whilst you may end up with a large double fronted semi etc, many if not all buyers (Yes, I know what I am talking about, I am an estate agent, but a nice one) will compare yours to one they could buy that was originally built the same size etc.

Get a couple of local agents in, ask them what they think it would be worth if you did it. Tell them you are doing it to sell and make a profit. Ask them what the competition for your property would be. Then ask a good friend which one they would rather have your 'conversion' house or the one built that size. It might help you to see if it financially it makes sense.

Good luck

Good luck