Wednesday, 6 May 2015

A practical investment in Wildfield Close, Guildford

http://www.rightmove.co.uk/property-for-sale/property-49839847.html

This flat is excellent value as it offers 2 bedrooms and has its own front door, all for less than £200,000.

Marketed by our friends at Karltons

It is situated within a road of semi detached and terraced properties in a quiet area within Wood Street Village and is located on the edge of countryside but still within a reasonably close distance to the A3 and local employers on the Surrey Research Park and at The University of Surrey.

It can be utilised as a starter home or perhaps more importantly, a landlord property investment because the rental value will be £1,200 pcm and considering the final sales price is likely to be just below the asking price of £200,000 the gross yield should be in excess of 7%, a favourable figure for the Guildford area. Charging a little more for the rent will cover any service charges, as necessary.

It is likely that this flat will not be around for long.

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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