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| Property being marketed by our friends at Bourne Estate Agents, Guildford |
As you can know doubt imagine a lot of time is spent researching Rightmove to identify ideal investment opportunities for local property investors.
One property certainly popped out from the screen today as a viable proposition, as it is located on the extremely popular Denzil Road. This road is within 10 minutes walking distance from Guildford town centre but its location more importantly enables you to stumble out from your bed to be on the station platform within 5 minutes (assuming you have a ticket already).
It presents an excellent option because it will suit both professionals commuting up to London everyday and students too, as the cottage is only 1 minute from a kebab shop and 5 minutes from the University of Surrey campus.
Upon returning home the tenants will be able to relax over a beer, or glass of wine, in the pretty courtyard.
It is an attractive three bedroom period cottage so is a little different from the style of most properties in the road. It has two reception rooms, a modern kitchen and bathroom plus a tanked basement room which could be utilised as an additional bedroom.
This would make an ideal investment opportunity allowing the rental of 4 bedrooms to professionals or students wanting to share, in order to maximise your rental income to around £2,400, which would provide a healthy return of 6.5%, assuming £440,000 is the final sales price.
Want to have your property valued or to have a chat about Guildford property values? Call me on 01483 320 207 or drop me an email richard@guildfordpropertyblog.co.uk
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