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2 bed Flat For Sale £285,000
Frances Street, Chesham, Buckinghamshire HP5


Description
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent two bedroom maisonette is located just minutes from Chesham town centre, enquire today to avoid disappointment.

This wonderful two bedroom maisonette comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; fully fitted kitchen with all appliances included; staircase leading to two double bedrooms both with double glazed windows; three piece family bathroom with shower over bath. The property comes with parking, a generously sized garage and a front garden.

London is just over an hours journey away from this property, making Frances Street the perfect rental home for those commuting into the capital and in turn offering an excellent investment opportunity. Chesham underground is only a 15 minute walk away, which gets you to Marelyborne Station in just over an hour which is the perfect commute for workers in London city centre.

Being just 20 minutes from town centre of High Wycombe, all of your shops, bars and amenities are just a stones throw away. High Wycombe has been named the UK’s number one commuter hotspot ahead of fellow Buckinghamshire towns Amersham and Gerrards Cross. A new study by compared almost 100 towns in terms of commute times, rail fares and house prices for those working in London and looking to set up home away from the capital. With a journey time of just 30 minutes and average house prices of £346,197, High Wycombe was identified as the standout location for commuters. It came out ahead of Woking and Staines, as well as Amersham and Gerrards Cross which completed the top five.

Tenant demand is pushing rents up and helping investors to achieve an excellent rental income, as well as potentially significant capital growth in the coming years.

Financial Breakdown

Gross rent: £10,920
Ground rent: £0
Service charge: £888
Lettings fees: £0
Net income: £10,032
Gross yield: 3.83%
Net yield: 3.52%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16818

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