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Fitzjohn Close, Guildford

South East

£185,000
Listed on 02/11/2025

Property Details

Bedrooms
1
Type
Flat
Area
495 sqft

Description

This one-bedroom first-floor maisonette presents a solid opportunity for those seeking a project with significant renovation potential. While it requires modernization, this property offers buyers the chance to customize their living space to reflect personal tastes and contemporary standards. The residence includes an allocated parking space, a valuable feature in this desirable location. Nestled in a tranquil cul-de-sac within the Merrow Park area, the property enjoys proximity to local shops and convenient transport links, making it an attractive option for both commuters and residents looking for easy access to amenities. The vibrant Guildford town centre is also just a short distance away, enhancing the appeal for future tenants or homeowners. Inside, you will find a generously sized reception room that serves as a versatile space suitable for relaxation or entertaining guests. The kitchen, equipped with beech-effect units and essential appliances including an integrated oven and electric hob, provides a functional starting point for updates. The double bedroom comes with fitted storage cupboards, maximizing space efficiency and offering additional storage solutions. Completing the layout is a three-piece bathroom suite featuring part-tiled walls. This maisonette not only represents an inviting living space but also offers promising investment potential given its location and the scope for improvement. Whether you are a first-time buyer, an investor looking to add value, or someone considering downsizing, this property has much to offer.

Investment Analysis

(GU4 area)

Below Market Value

This property is priced -32.9% below area average per sq ft

-32.9%
Potential saving
This Property
£374/sq ft
Area Average
£557/sq ft
Avg Rent (weekly)
£408
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£303,178
10% above area average per sq ft
Potential ROI
+44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (GU4)

Area prices are falling by +2.9% over the last 12 months
3 year growth: -9.7%
5 year growth: 3.8%
Investment Disclaimer: Analysis based on GU4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Fitzjohn Close, Guildford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£678
Based on a loan of £138,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE