1-bedroom flat · GU7 2FY
To rentListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Westbrook Mills in Godalming is a development for 128 residential units comprising of studios, 1 and 2 bedroom apartments for sale or to let.
At present the subject property comprises three buildings and significant areas of car parking and landscaping. Flat 24 is a first floor, one bedroom flat overlooking the River Wey.
*Please note that the photos are of a similar flat and differ slightly. A viewing is recommended.
Westbrook Mills in Godalming is a development for 128 residential units comprising of studios, 1 and 2 bedroom apartments for sale or to let.
Godalming is a delightful place to live with a picturesque High Street that's home to family businesses as well as familiar High Street names including branches of Sainsbury's, Waitrose Boots and Superdrug, along with a number of cozy pubs.
The River Wey passes directly through the grounds of the development and on through the town which provides a pleasant environment for walking cycling and some limited water sports.
The Town is surrounded by rolling countryside of the Surrey Hills.
Travel links are also impressive, with Godalming Station approximately 250 meters away from the development and providing regular services to London waterloo, Woking and Portsmouth Harbour.
The A3 bypasses the town centre providing fast access to London & the south coast and the wider motorway network via the M25.
International airports at Gatwick and Heathrow are accessible by train and by road (via M25) with an approximate distance to both airports of 30 miles and journey time of one hour.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Flat 24, 1, Westbrook Mills, Thackeray Lane, Godalming
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