1-bedroom flat · GU1 1UB
For saleReduced £5k (−2.2%) on 5 OctListed 30 days
Opportunity summary
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About
A well-presented one bedroom first floor apartment situated within a residential cul-de-sac, benefiting from spacious accommodation, communal gardens and communal parking.
The entrance hall provides access to each of the rooms and includes a useful additional room suitable for storage or use as a compact home office.
The spacious sitting/dining room offers plenty of room for both seating and a dining table, with a large window providing good natural light.
The separate kitchen is fitted with a range of wall and base units, complemented by work surfaces and tiled splashbacks.
There is space for the necessary appliances, together with a window overlooking the surrounding grounds.
The generous double bedroom is agood size, while the bathroom is fitted with a bath and shower over, wash hand basin and WC.
The apartment is presented in good order throughout, with neutral décor and carpeting. Outside, residents have access to communal gardens surrounding the development, together with communal parking.
Elgin Gardens is conveniently situated opposite Stoke Park and within easy reach of Guildford Lido, Spectrum Leisure Centre and a range of local amenities.
Guildford town centre is approximately 1.5 miles away and offers an extensive selection of shops, restaurants and leisure facilities, while London Road station and Guildford mainline station provide regular rail services, including connections to London Waterloo.
Length of lease: 125 yeras from 25/10/1996 Service charge: £800.00 per annum Ground rent: £10.00 per annum
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
Agent & docs
FAQ
About 8, Elgin Gardens, Surrey
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