Earn a 5% gross yield in Keens Park Road

I tend to recommend properties closer to the town centre of Guildford but this property stood out because it offers a practical start for an investor. The house is of reasonable size but very reasonably priced compared to a typical price for a 3 bed house. There is no work required as the property has a relatively modern kitchen and bathroom. The property is decorated in neutral colours ideal for a rental, or for a buyer who does not want to spend time on DIY.

Earn a 5% gross yield on this end of terrace property

Tucked away down a quiet residential road and set back off the road the property is situated on the edge of open countryside so provides a pleasant environment in which to live. There is a view over the South Downs from the first floor. However there is easy access to the Bagshot Road leading to the M3 motorway or a cross country route over to the main London to Portsmouth A3 trunk road.

There is a garage plus two allocated spaces and on road parking making it easy for car owners to park.

The house should rent out for £1,350pcm to provide a reasonable gross yield of 5%.

The property is being marketed by Gascoigne Pees, in Worplesdon Road and further details are available at http://www.rightmove.co.uk/property-for-sale/property-36423510.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk