i bought my investment property in april 2004 (it was booked in may 2003) , 4 bed end tarrace house at ongar green, dublin-15 at 340000 euros .it has a garage and attic is ready for conversion(thats the feature of the house , as it was promoted by the builder company that 2 room can be added in future!). currently i am getting 1400 rent per month and my tennants are builder by profession and he has construction company.i have following questions and need some advice from forum.
1- i am living in uk and i dont know what is the current value, i have checked daft and myhome.ie but there is no property for sale like mine property at ongar. so any approximate price if somebody knows that will help me to decied to sell it or to keep it on the rent.
2-secondly, my tennant has offered to convert the attic and he has given me quote for attic conversion, will it increase the house value if everything is done by rules and regulations etc my worry is the house is already very big and has 4 double bed rooms and garage,after conversion it will be 6 bedroom house and i might be having problem in selling it.
any advice or suggestions are welcome..