£500,000
(£430/sq. ft)
3 bed semi-detached house for saleMadrid Road, Guildford GU2
3 beds
1 bath
2 receptions
1,162 sq. ft
Just added
Freehold
About this property
Private garden
Central heating
Potential For Development
£2500pcm Current Rental Income
6% Yield
Located in a sought‑after area of Guildford, this well‑positioned property is currently rented to 3 tenants, generating a steady rental income.
The property offers strong potential for further income growth, with scope to convert into a larger 4/5‑bed HMO (currently unlicensed), subject to necessary consents. This is a fantastic opportunity to secure a property in a prime rental area, with clear potential for uplift through reconfiguration and licensing as a larger HMO.
The property offers strong potential for further income growth, with scope to convert into a larger 4/5‑bed HMO (currently unlicensed), subject to necessary consents. This is a fantastic opportunity to secure a property in a prime rental area, with clear potential for uplift through reconfiguration and licensing as a larger HMO.
Mortgage calculator
Monthly repayment
£2,501 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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