You can't beat Raymond Crescent as a great investment area
Raymond Crescent has to be one of the best streets in which to invest in Guildford property. Why? Well it is located directly opposite the University of Surrey so is ideal for accommodating students.
Secondly, it is only a 10 minute walk from The Surrey Research Park, considered to be one of the most successful research parks in Europe as it conducts much research with the University and therefore attracts many of the UK's leading technology companies working in the fields of technology, science, health and engineering, creating high employment in the town.
Raymond Crescent is situated only one mile from the mainline railway station so is ideal for people commuting up to London. It is also located conveniently for the town centre shops, bars and restaurants.
This property is bound to find a buyer very soon as it offers so much for both the property investor and developer. It comprises three bedrooms but offers the potential to be modernised and extended (subject to planning approval) using the space beside the property and the extensive garden to the rear.
It is being marketed by our friends at Townends, for the asking price of £320,000 and will rent out for £1385 pcm, as it stands, to provide a gross yield of 5.2%. A higher rental will be achieved if the house is extended with the purpose of providing shared housing for students, or young working professionals.
http://www.rightmove.co.uk/property-for-sale/property-52595540.html
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.
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