We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work16-bedroom house · GU2 7NU
For saleReduced £300k (−11.5%) on 20 JunListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-configured residential investment opportunity comprising a purpose-arranged block of eight self-contained two-bedroom flats, positioned in a strong and established rental location within Guildford.
48 Madrid Road occupies a highly accessible residential position in Guildford, Surrey, within easy walking distance of key town centre amenities and transport hubs.
Madrid Road is a mixed residential and commercial thoroughfare north-west of Guildford’s historic core, characterised by a strong rental market with a high proportion of flats and privately rented housing stock.
The building is laid out to maximise rental efficiency, with each flat offering practical two-bedroom accommodation that appeals to a broad tenant base, including professionals, sharers and small households.
The consistent unit mix supports streamlined management and predictable income performance. The property benefits from excellent connectivity.
Guildford mainline railway station is approximately 0.3 miles to the south - offering frequent services to London Waterloo, Reading, Gatwick and beyond - supporting strong commuter demand.
Additional local rail links and bus services are available within minutes of the building, broadening the tenant base and reinforcing transport accessibility.
Madrid Road lies in a residential catchment that attracts a blend of young professionals, University of Surrey students, and long-term occupiers, with shops, cafés and local conveniences close by.
The well-established neighbourhood is typically within easy reach of Guildford’s historic high street, leisure amenities, supermarkets and business districts, making it appealing for tenants seeking both convenience and lifestyle.
Strategically positioned under 1 mile from central Guildford’s retail and commercial core and with proximity to both station and key arterial road links (including the A3), this location supports sustained rental demand and occupier stability - important drivers for long-term income performance.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 48, Madrid Road, Surrey
Explore nearby