Property in Applegarth Avenue offers huge potential for investors

This three bedroom semi-detached house is situated in one of the most favoured streets in Guildford for both families and investors searching for value for money properties.

Applegarth Avenue is situated on the outskirts of Guildford but is conveniently located for the Surrey Research Park and Surrey County Hospital plus the University of Surrey so caters for both professional employees and students.

House requires modernisation in Applegarth Avenue Guildford

The property does require modernisation but the price reflects this fact so is completitively priced for a house with both spacious and versatile accommodation. There is no onward chain.

There is the added bonus of having the potential to extend over the garage subject to the usual planning consents. Several properties similar to this house have already set the precedent for extending over the garage to provide an additional living room in place of the garage downstairs plus a bedroom, usually with ensuite bathroom, upstairs.

A family could therefore make this their own substantial 4 bedroom house; or an investor could convert the property into a 5/6 bedroom HMO, with a potential yield in excess of 10% though they would obviously have to have funds to complete the extension and refurbishment works.

The property is being marketed by Callards, on Worplesdon Road, Guildford and further details are available at http://www.rightmove.co.uk/property-for-sale/property-55213505.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