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Bourne Close, Chilworth, Guildford, Surrey, GU4 - Image 1
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Bourne Close, Chilworth, Guildford, Surrey, GU4 - Image 3
Bourne Close, Chilworth, Guildford, Surrey, GU4 - Image 4
Bourne Close, Chilworth, Guildford, Surrey, GU4 - Image 5

Bourne Close, Chilworth, Guildford, Surrey, GU4

South East

£280,000
Listed on 01/02/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
656 sqft

Description

This two-bedroom end-of-terrace house is situated in a quiet cul-de-sac within the desirable village of Chilworth, offering a solid foundation for renovation and investment opportunities. While the property currently requires updating and redecoration, its layout presents a blank canvas for buyers to infuse their own style and potentially increase its value. Upon entering, you are greeted by an entrance hall that leads to a front-facing sitting room, providing a cozy space ideal for relaxing or entertaining. At the rear of the home, the kitchen/dining area features a range of base units and offers direct access to the enclosed rear garden, which promises ample outdoor potential for landscaping or gardening. The first floor accommodates two well-proportioned double bedrooms alongside a bathroom, all of which can be modernized to enhance comfort and appeal. The property also includes a manageable front garden that contributes to its overall charm. Location plays a key role in this property's investment potential. Nestled approximately 3.3 miles from Guildford Town Centre, it boasts convenient access to local amenities and services. Additionally, Chilworth benefits from nearby train services at both Chilworth station and Shalford Village, making commuting straightforward. This property presents an opportunistic investment for cash buyers looking to capitalize on the chance to renovate in a sought-after area, where demand continues to grow due to its combination of village tranquility with proximity to urban conveniences.

Investment Analysis

(GU4 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£427/sq ft
Area Average
£564/sq ft
Avg Rent (weekly)
£404
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£28,000 - £70,000
10-25% of property value
Target Value
£407,055
10% above area average per sq ft
Potential ROI
+16.3%
After renovation
Monthly Sales
11
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (GU4)

Area prices are falling by +5.7% over the last 12 months
3 year growth: -9.8%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on GU4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bourne Close, Chilworth, Guildford, Surrey, GU4
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