On Sep 18, 9:28*pm, Foreign Student
wrote:
I am considering buying a garage for storage space and use as a
workshop for building models. An example of something under £10k
(auction guide price) is he
http://www.rightmove.co.uk/property-...-23262211.html
I have some questions...
...about buying garages:
1. How well do garages keep their value over the years?
so far so good, assuming you replace it by end of its life
2. Will it be difficult to get a landline, plumbing, gas and
electricity in?
yes
3. What is the likelihood of planning permission being granted a few
years down the line to convert a garage into a studio flat?
not much. If you do you'll need to rebuild it from foundations up.
4. What can go wrong with a garage
asbestos construction scares people off. It collapses. IT gets broken
into repeatedly, burnt, etc.
and how badly can the future sale
price be affected?
...about buying in auctions:
1. Is it worth getting a surveyor to look at the property?
no, but if you've this little basic knowledge, perhaps
2. Generally, will the guide price be close to the sale price?
3. If planning permission to convert the garage into a dwelling could
be secured, how much will it raise the subsequent auction price by?
hugely. IOW its not likely.
NT