Be­come your own neigh­bour – buy next door

The Daily Telegraph - Property - - Front Page -

the usual costs of sell­ing a home and buy­ing a big­ger one,” says Sara Ran­som of buy­ing agent Stacks Prop­erty Search.

There may even be some fi­nan­cial gain in buy­ing next door. “I en­cour­age my clients to do so at ev­ery op­por­tu­nity, where their fi­nan­cial po­si­tion al­lows,” says Marc Sch­nei­der­man, of es­tate agency Ar­ling­ton Res­i­den­tial. Even when the space isn’t needed im­me­di­ately, he is look­ing long term at the in­vest­ment value of hav­ing a hand­ily lo­cated spare prop­erty to rent out, to even­tu­ally sell as a project for some­one else to con­vert, or use some of next door’s gar­den to add to your own. “You may only get the op­por­tu­nity once to buy next door, so when it does be­come avail­able, con­sider it very closely,” he says.

Mak­ing a huge profit is

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