4-bedroom semi-detached house · GU2 4AT
For saleReduced £50k (−7.1%) on 5 OctListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Millmead Terrace offers an excellent location for those seeking a characterful family home within easy walking distance of Guildford town centre and the railway station, making it particularly convenient for commuters.
Guildford station is approximately 500 metres away, with Guildford County School around 600 metres away.
The River Wey is also close by, with several attractive riverside pubs and the landmark Iron Town Bridge providing easy access to the lower High Street, all within a short walk.
With its relatively traffic-free setting, central location and excellent access to the river, town centre and transport links, Millmead Terrace is regarded as one of the most desirable locations for living in Guildford.
The property is offered to the market with no onward chain and benefits from a thoughtfully designed rear and side return kitchen/dining extension, together with a convenient cloakroom.
The windows have been replaced throughout with hardwood double glazed sash windows, designed in keeping with the conservation requirements.
Internally, the ground floor offers two well proportioned reception rooms, each featuring a fireplace and original wooden flooring.
There are three bedrooms on the first floor, along with a family bathroom incorporating a separate shower.
The professionally tanked basement, completed by Surrey Basements, provides valuable additional accommodation and could be used as a habitable space or fourth bedroom.
To the rear, the thoughtfully designed extension creates a versatile kitchen/dining space with doors opening directly onto the peaceful, fully enclosed garden.
There is also scope for further alteration and enlargement of the kitchen area, offering an exciting opportunity for the new owner to tailor the space to their requirements.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 23, Millmead Terrace, Guildford
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