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1 bedroom apartment for sale
43 Bedford House Onslow Street, Guildford, Surrey, GU1 4TL
£160,000
43 Bedford House Onslow Street, Guildford, Surrey, GU1 4TL
£160,000
Our Summary
- ***GUIDE PRICE £160,000*** The property has great potential for capital growth but needs some renovation to fully unlock its value
- It's a rare auction property that will definitely attract builders and investors
- Once gaining the necessary planning permission, if utilised as an Airbnb, could command a nightly rate of £70 per night (£16,464 P/A) based on 70% occupancy
- A great chance for a homeowner or builder to acquire a small renovation project in a highly desirable location
- ***GUIDE PRICE £160,000*** The property requires a degree of renovation to unlock its full potential
- Sure to appeal to builders/investors looking for Rare auction property
- The property requires a degree of renovation to unlock its full potential
- Sure to appeal to investors looking for an easy lettable flat in a sought-after location with great potential for Capital Growth
- The property has a remaining 88 years on the lease and benefits from an allocated parking space The property would benefit from a light degree of renovation
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Once gaining the necessary planning permission, if utilised as an Airbnb, could command a nightly rate of £70 per ni
- The property has great potential for capital growth but needs some renovation to fully unlock its value
Description
Prime Property Auctions presents a rare 1-bedroom flat in Central Guildford, Surrey, with a guide price of £160,000. The property requires renovation to unlock its full potential, but has great potential for capital growth and rental income. With a remaining 88-year lease and allocated parking space, the property could achieve £1,200 per month in rental income or £16,464 per year. The property has previously sold for £239,950, £273,000, and £255,000, making it a rare opportunity for builders and investors. The location is highly desirable, with top-rated schools, a vibrant town centre, and excellent transport links to London. The property offers a great chance for a homeowner or builder to acquire a small renovation project in a prime location, with potential for passive income once renovated.