This property has been taken off the market.

8 Bed Semi-Detached House For Sale Manor Road, Guildford, GU2

£775,000- Semi-detached

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Last Updated: 18th May 2024

Description

NEW TO THE MARKET – INVESTMENT OPPORTUNITY: Spacious Eight Bedroom HMO with New Licence and Strong Yield

Property Overview: This impressive eight bedroom HMO presents an exceptional investment opportunity with a strong potential yield of approximately 7% (student rooms valued at £550-£575pcm). The property boasts a brand new HMO licence, ensuring it meets all current safety and regulatory standards, making it an ideal addition to any property portfolio.

Key Features: Each of the 8 bedrooms is generously sized and well lit, providing comfortable living spaces for tenants. The property is equipped with contemporary fittings and fixtures, ensuring a high standard of living. Includes a spacious and fully equipped kitchen, a comfortable living area, and multiple bathrooms to cater to all tenants.

New HMO Licence: Recently issued (Exp. September 2028), guaranteeing compliance with the latest HMO regulations. The property is fitted with smoke alarms and fire doors throughout, adhering to current safety standards.

Location: Ideally situated in a sought after area with excellent transport links, local amenities, and educational institutions (including the University of Surrey) nearby.

Investment Potential: With a strong rental demand and the benefit of a new HMO licence, this property promises stable and high rental income. The yield of approximately 7% highlights its profitability, making it a compelling choice for investors seeking steady returns.

Summary: This eight bedroom HMO is a turnkey investment with all the necessary certifications in place. It offers a harmonious blend of modern living, safety, and high returns, ensuring it stands out in the rental market. Don`t miss this opportunity to secure a property that promises both immediate income and long term growth – Viewings Highly Recommended!


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Agent Details
Hoods Residential Ltd
Student Union Building Stag Hill Guildford, GU2 7XH

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested