House in Little Platt has potential to be a big investment

This 3 bed semi detached house in Little Platt is being marketed by Hipps, on Worplesdon Road. This will be a very hot property attracting a lot of interesting so wish to bring it to your attention right away. It has the potential to deliver both a reasonable rate of return and capital gain.

Earn a reasonable 5% or extend the property for a greater return

It is priced at a little less than similar sized properties in the area as it is in need of updating. It has a plot of land sufficient in size to build an extension subject to planning permission, so could make a sizeable shared dwelling for students at the nearby University of Surrey, or for professionals working at the Surrey Research Park. 

If the house is rented in its current state it will achieve a rate of return in the region of 5% but if extended to enable (say) a further 2 bedrooms then one might expect a return as much as 10%.

It will therefore make an ideal investment opportunity for little more than a two bed flat in the centre of town.

Further details of this fantastic investment opportunity can be found at - http://www.rightmove.co.uk/property-for-sale/property-53524775.html

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