An ideal investment rental property with 6.7% gross yield in Beech Grove

This is a tremendous property offering great potential for an investor having already been configured to maximise the number of rental rooms by utilising a reception room downstairs as a bedroom and by adding an ensuite bedroom in the loft area to make a house of multiple occupation ready to rent out (subject to having a licence which is necessary because the property comprises 3 floors and will accommodate 5 people or more, from 2 or more family units). 

Some expenditure might be required to install the necessary fire safety, prevention and protection devices to comply with the current regulations.

Located in the ever popular Beech Grove not far from the Tesco superstore it is in an ideal position to rent out to both professional tenants working at Surrey Research Park or the Surrey County Hospital; and to student tenants studying at the University of Surrey.

The property has 3 bathrooms providing plenty of washing facilities for all the occupants.

The property is being marketed by our friends at Townends whose offices are in Guildford town centre and further details are available at: http://www.rightmove.co.uk/property-for-sale/property-33713094.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