Tuesday, 13 October 2015

A great opportunity for a 5% yield in Northway

This three bedroom house has been recently re-decorated throughout so is ready to move into right away. There is a new kitchen too. 

Situated on Northway, the house is close to a number of local primary schools and a local parade of shops on the Aldershot Road, where there are buses into Guildford town centre.
  
Northway Guildford
3 bed house in Northway with development potential
This makes an ideal property for an investor as the market rental for such a property is £1,500 pcm to provide a gross yield around 5%. There is also some potential to extend and remodel the property, subject to planning, to provide additional rooms to rent on a room by room basis, in order to increase the rental yield. 

The property is being marketed by Cobbles, in Worplesdon Road, Guildford and further details are available at http://www.rightmove.co.uk/property-for-sale/property-55122587.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

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