Make a whopping 7.7% in Ludlow Road, Guildford

I absolutely love this property being marketed by Curchods, Guildford, as it is just so versatile and therefore offers a rare opportunity to make a healthy return on investment, in Guildford.

http://www.rightmove.co.uk/property-for-sale/property-34711803.html

Existing house with converted loft area

It has so much potential for the buy to let property investor. It is an established property where the loft area has been converted into two "bonus" rooms which are in fact ensuite bedrooms. One measures over 6m x 3m and the other 5m x 3m so could attract a premium rental if let out as studios incorporating living/kitchen areas.

Huge open plan kitchen/diner/lounge

There are two furhter bedrooms (one ensuite) on the ground floor with a massive living/dining area measuring a substantial 11m x 5m.

As there are currently 4 bathrooms and 4 bedrooms each tenant would have their own bathroom.

This is a detached property in a quiet residential street, located within 5 minutes walk of the mainline railway station and within close proximity to the town centre.

A recent 3 bedroom house in the same street was sold earlier this year for £480,000 so paying £500,000 for this much larger property would appear good value. If the rooms can all be let out as studios then the monthly rental roll could potentially amount to £3,200 pcm generating a whopping gross yield of 7.7%. 

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