Guildford, GU1 1NU | Investment Property for Sale | VES-GU1-001

Opportunity to purchase a HMO in Guildford generating £49,500 rent pa & gross yield of 9.3%

£535,000

HMO Semi-Detached House

VES-GU1-001

INITIAL INVESTMENT

£169,050

Based on

deposit: £133,750

stamp duty: £32,800

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£49,500

GROSS YIELD

9.3%

ADD TO FAVOURITES

The property

TENANCY

Tenanted

TENURE

Freehold

6 bedrooms

5 bathrooms

1 reception room

990

Fully Furnished

Property details

  • Fully HMO licenced
  • 4 x double bedrooms with ensuite bathrooms
  • 1 x double bedroom
  • 1 x single bedroom
  • Shared kitchen/dining area
  • Shared lounge
  • 1 x shared bathroom
  • Front and rear garden
  • Off-road parking for 3 cars
  • EPC rating D
  • Council tax band D

Rental information

  • Room 1 - £600 pcm - single room
  • Room 2 - £725 pcm - double room/ensuite
  • Room 3 - £700 pcm - double room/ensuite
  • Room 4 - £725 pcm - double room/ensuite
  • Room 5 - £700 pcm - double room/ensuite
  • Room 6 - £675 pcm double room
  • Total rent pcm: £4,125
  • Total rent pa: £49,500

Running costs

The vendor provided us with the following running costs of this property:

  • Council tax: £211 pcm
  • Water bill: £44 pcm
  • Gas bill: £140 pcm
  • Electricity bill: £117 pcm
  • Wifi: £59 pcm
  • TV licence: £13 pcm
  • Cleaner: £144 pcm
  • Total cost pcm: £728
  • Total cost pa: £8,736

Location information

  • The property is located in the Bellfields area in Guildford
  • There is a local convenience store a short walk from the property
  • Guildford town centre is 2 miles south of the property
  • There is a bus stop just opposite the property with regular services into Guildford
  • Guildford railway station is just over 2 miles from the property
  • Easy access to the A3

Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Guildford, Surrey

Guildford is a large historic town in Surrey situated 32 miles southwest of central London with access to the Orbital via the A3.

The town has two railway stations, with the main station served by South Western Railway and Great Western Railway and trains running on the Portsmouth Direct Line between London Waterloo and Portsmouth Harbour. There are also direct lines to Aldershot, Reading, Gatwick Airport via Dorking and Redhill; and alternative routes to London via Cobham and Stoke D’Abernon and Epsom. Guildford's other station is served by stopping services only between Guildford and London with 4 trains per hour each way, making this a perfect commuter town.

Guildford city centre offers varied activities innate to city life, boasting G-Live a state of the art theatre, studio and café, the Yvonne Arnaud Theatre, Surrey Sports Park, WWF Living Planet Centre and the Spectrum Leisure Complex amongst many other entertainment and sports venues including two large golf clubs on it's outskirts.

Some of Guildford's biggest employers are BAE Systems Applied Intelligence, University of Surrey, Philips Electronics, Ericsson, Colgate-Palmolive and Allianz to name a few.

Hazel Avenue,

Guildford,

Surrey,

England,

GU1 1NU

What makes us different?

Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.

Benefits include:

  • Buy tenanted property
  • Huge choice for all budgets
  • View property performance data
Learn more >

Questions?

Our sales team is standing by to help.

Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

Vesta Property is a full member of the Property Ombudsman (TPO) and commits to TPO Codes of Practice

Chartered Trading Standards Institute - Approved Code

Authorised and regulated by the property ombusdman

Copyright © 2022 Vesta Global Limited. All rights reserved.