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Woodbridge Hill Gardens, Surrey GU2 5 bed semi
Woodbridge Hill Gardens, Guildford, Surrey, GU2
£550,000
Woodbridge Hill Gardens, Guildford, Surrey, GU2
£550,000
Our Summary
- Situated on the popular Woodbridge Hill Gardens, this well-maintained HMO (licensed for 6-person occupancy) offers a prime investment opportunity in the thriving rental market of Guildford
- There is also potential to develop the current loft space to create a larger HMO (subject to planning permission and HMO licensing)
- Investment opportunity
Description
This well-maintained HMO property in Guildford is a prime investment opportunity, offering a current rental income of £40,500 per year from five tenants under a fixed tenancy agreement until 2026. The property is situated on Woodbridge Hill Gardens, close to the town centre, university, and hospital, making it an attractive location for students and professionals. The property has a versatile layout, with potential to convert the living room into a sixth bedroom, increasing rental income to £4,200 per month and yielding 9.2%. The property also benefits from off-street parking, a private rear garden, and potential to develop the loft space to create a larger HMO, subject to planning permission and HMO licensing. With excellent rail links to London and proximity to Heathrow and Gatwick Airports, this property is an attractive investment opportunity for those seeking a hands-off, income-generating asset.