Guildford bargain delivers 5%

If you are a first time buyer or investor then this flat has to be one of the bargains of the moment. There are only a handful of properties available in Guildford that are less expensive at the asking price of £169,950. So what do you get in return for your investment?

A bargain in Guildford

Quite a lot, is the answer. Yes, the flat only has one bedroom but the property is newly decorated and modern with access to a delightful communal garden.

http://www.rightmove.co.uk/property-for-sale/property-32966691.html

The property is situated in a cul-de-sac just off Manor Road and located close to local amenities including a Virgin sports gym, two supermarkets plus a bus route into town, which is approximately 20 minutes drive away.

You should achieve a gross yield of 5% on this property assuming the asking price is paid and the rental achieved is in the region of £700 pcm.

Call 01483 320 207 or email richard@guildfordpropertyblog.co.uk to discover the latest property prices in Guildford plus details of our top investment opportunities rarely made public other than to our local network of Guildford property investors.