The property also offers a garage and driveway to provide off road parking. There is no ongoing chain.
A property in need of a light refurbishment in Hillfield Close |
This property will therefore sell quickly to those looking for a minor refurbishment project and a house situated in the catchment area for both Bushy Hill Junior School and George Abbot or St.Peters Catholic Schools.
There is a regular bus service running on a circular route into Guildford town centre and onto Surrey County Hospital plus Tesco or to Merrow then Burpham and the Sainsbury's store.
An investor wanting to maximise their rental return from the property could do so by converting the garage into a bedroom to provide 4 bedrooms. In this instance the potential gross rental will be £2,450 pcm to deliver a healthy gross yield of 7.5%, compared to the typical rental for a single let which is likely to be in the region of £1,595 pcm.
The property is being marketed by Gascoigne Pees, from their Merrow office and further details are available at http://www.rightmove.co.uk/property-for-sale/property-34526712.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
No comments:
Post a Comment
If you would like to receive a property valuation on your house please enter your contact details here.