Starter flat in Mulberry Court, Merrow Park will deliver 5.3%

This flat is on the books of our friends at Haart, Burpham. It will make a great starter home for a newbie landlord. It is located on the edge of town across the road from Clandon Park, which is a delightful location.

http://www.rightmove.co.uk/property-for-sale/property-51195626.html

Mulberry Court is a pleasant, well laid out development on the Merrow Park development, in Merrow, within a short reach of the A3 London to Portsmouth road and a parade of local shops and doctor's surgery.

The property is sold with a garage and the current vendor is in the process of extending the lease so prior to exchange the property will have 155yrs. 

The property will rent out quickly if priced at £1,000 pcm providing 5.3% gross yield (subject to the annual maintenance charge).

To discuss how much your property is worth or where you should make your next property investment in Guildford, call me for a chat on 01483 320 207 or sign up to The Guildford Property Blog. I should love to hear from you.