Tuesday 30 June 2015

Peak Road maisonette offers an excellent first time investment

A very attractive maisonette in excellent decorative order, this one bedroom property is located in a popular area of Guildford, selected for good communications and local facilities including local bus routes into town; and a parade of shops with an excellent fish and chip shop.

Maisonette in Peak Road Guildford
One bedroom maisonette is reasonably priced

The property is entered through its own entrance and consists of a large living room, good sized double bedroom, well-equipped kitchen and family bathroom. The property also benefits from off-street parking and a private front garden. 

The property is being marketed by Cobbles, an agent that knows this area well. Further details are available at this link - http://www.rightmove.co.uk/property-for-sale/property-53048582.html

The asking price is a reasonable £180,000 so if rented out as an investment property I expect it to generate a gross yield of 6%, if rented out at £925 pcm. There will obviously be a standing charge and annual ground rent to account for.

If you would like to talk to us about your potential investment, please call 01483 320 207 or email richard@guildfordpropertyblog.co.uk for a chat about where to invest in the local area.

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