A magnificent property in Homestall

This four bed semi-detached house is located in Park Barn so is close to major employers on the Surrey Research Park and the Surrey County Hospital plus the University of Surrey. It will therefore attract both families and professional plus student tenants.

There is one reception plus a substantial modernised kitchen/diner with utility room and downstairs WC. One of the bedrooms is ensuite. There is a garage for those who travel by car and easy access to the main London to Portsmouth A3 trunk road and the back roads to Bagshot and the M3.

An extended home ideal for a large family or an investor

This house will comfortably house a family with 3-4 children. Alternatively an investor wanting to maximise their rental return from the property could do so by converting the garage into a bedroom to provide 5 bedrooms. In this instance the potential gross rental would be £3,050 pcm to deliver a gross yield of over 9%, compared to the typical rental for a single let in this area which is likely to be in the region of £1,895 pcm. 

The property is being marketed by The Express Agency in Manchester and further details are available at http://www.rightmove.co.uk/property-for-sale/property-34121529.html

If you would like to have a chat about property prices in Guildford or a general discussion on investment opportunities in the area your call will always be welcome. Phone 01483 320207 or email richard@guildfordpropertyblog.co.uk