Thursday, 7 January 2016

Corner plot in Yew Tree Drive

This property is located in one of our favourite roads on the Bellfields Estate, just over a mile from Guildford town centre. The area is very popular with landlords and investors because it offers one of the highest yields in town.

This property is reasonably priced but as it is situated on a corner plot has huge potential to extend to the side (subject to planning) to offer 2/3 additional rooms to rent out.  

Yew Tree Drive Guildford
Potential to extend to the side subject to planning consent

There is a bus into Guildford Town centre and the A3 trunk road provides a link to both London and Portsmouth. Guildford College is nearby and the University is within walking distance so there will be demand from students as well as young professional tenants to rent a room here.

So for landlords looking a gross yield of more than 10% and a capital gain this property is ideal and therefore likely to be very popular especially as there is no onward chain.

The property is being marketed by Hipps, in Worplesdon Road, Guildford. They are very familar with the area and will therefore be able to provide a lot of useful advice. Further details are available at http://www.rightmove.co.uk/property-for-sale/property-57145997.html

If you would like to have a chat about property prices in Bellfields, Guildford or would like to discover where and how you can gain a greater return for your money in the bank call 01483 320207 or email richard@guildfordpropertyblog.co.uk


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