Guide price
£1,800,000
(£1,659/sq. ft)
11 bed detached house for saleRecreation Road, Guildford GU1
11 beds
5 baths
6 receptions
1,085 sq. ft
EPC Rating: D
About this property
Three neighbouring investment properties
Combined guide price £1.8 million
Total rent approximately £9100 pcm
Approximately £109200 per annum
Gross yield approximately 6.06 percent
Popular central Guildford location
Close to University of Surrey
Easy access to both stations and the A3
Available individually or as one portfolio
The portfolio comprises two semi-detached houses and one detached house, each currently let and producing an established rental income. The properties are well positioned for the University of Surrey, Guildford town centre, both Guildford stations and the A3, making them well suited to the local rental market.
44 Recreation Road is currently let at £3,400 pcm, equating to £40,800 per annum. Based on a guide price of £600,000, this represents a gross yield of approximately 6.8%.
45 Recreation Road is currently let at approximately £3,000 pcm, equating to £36,000 per annum. Based on a guide price of £600,000, this represents a gross yield of approximately 6%.
46 Recreation Road is currently let at £2,700 pcm, equating to £32,400 per annum. Based on a guide price of £600,000, this represents a gross yield of approximately 5.4%.
Across the three properties, the total rental income is approximately £9,100 pcm, or £109,200 per annum. Based on the combined guide price of £1,800,000, this gives a gross yield of approximately 6.06% before costs, tax and any management fees.
Each property benefits from private outside space and parking, both of which are valuable features in this part of Guildford. The portfolio offers immediate income from day one, with the added flexibility of being available either as individual purchases or as a combined investment lot.
Incoming tenants for 26/27 term already sourced.
Situation
Recreation Road is situated in a popular and highly convenient part of Guildford, within easy reach of the town centre, the University of Surrey, Guildford mainline station and London Road station. The area is well placed for access to local shops, cafés, restaurants and leisure facilities, as well as the wider road network via the A3.
Guildford remains a strong rental location due to its combination of university demand, commuter links, major local employers and proximity to the town centre, making this portfolio an attractive option for investors seeking established income in a proven residential area.
Property Ref Number:
Ham-65473
Additional Information
All services mains connected
Guildford Borough Council
Council Tax Band: D (44 & 45) and E (46)
EPC: C (45) and D (44 & 46)
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