23.7% capital gain in Charlotteville, Guildford

Charlotteville was created in the 1860s by a doctor named Thomas Sells. It was named after his wife. As a doctor, Sells named some of the roads after famous doctors known to him at the time including Harvey, Jenner, Bright, Addison.

This area of Guldford is sandwiched between the town centre shopping area and Pewley Down which leads out into stunning countryside. Both areas are within a very short walking distance so this two bedroom house is ideally located for prospective tenants.

http://www.rightmove.co.uk/property-for-sale/property-50236570.html

The property, marketed by Seymours of Guildford, is both clean and newly decorated so is ready for letting out immediately, probably to a young family, or a couple of sharers. The only challenge is that the bathroom is on the ground floor adjacent to the kitchen but this is a reflection of the time when the property was built.

The gross yield will not be substantial but the capital gain will. For example, property values in this street have risen by 23.7% in the last 5 years.

It is for these reasons that this detached property is likely to sell quickly.

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