2 Bed Flat, Single Let, Chesham, HP5 2PY, £270,000

7C, Esprit House, 17 Asheridge Road, Chesham, HP5 2PY - 10 months ago

Leasehold

BTL

ROI: 2%

~55 m²

+5 photos

ValuationOvervalued

Sold Prices	£80K - £330K
Sold Prices/m²	£1.5K/m² - £14.6K/m²

Square Metres	~54.95 m²
Price/m²	£4.9K/m²
Value Estimate	£229,003£229,003

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£67,500£67,500
Stamp Duty & Legal Fees	£15,700£15,700
Total Cash In	£83,200£83,200

Cash Out
Rent Range	£1,100 - £1,625£1,100 - £1,625
Rent Estimate	£1,296
Running Costs/mo	£1,123£1,123
Cashflow/mo	£173£173
Cashflow/yr	£2,077£2,077
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

34 sold prices from £80K to £330K, average is £256.3K. £1.5K/m² to £14.6K/m², average is £4.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£212.5K	09/22	0.24 mi	17, Elmtree Hill, Chesham, Buckinghamshire HP5 2PA	-	-	2	Flat
£283K	12/22	0.32 mi	2, Darvell Drive, Chesham, Buckinghamshire HP5 2QL	£4,879	58	2	Flat
£310K	12/22	0.33 mi	11, Darvell Drive, Chesham, Buckinghamshire HP5 2QL	-	-	2	Flat
£322K	01/23	0.33 mi	18, Darvell Drive, Chesham, Buckinghamshire HP5 2QL	£5,068	64	2	Flat
£98K	11/20	0.49 mi	25, School Close, Chesham, Buckinghamshire HP5 2BQ	£1,633	60	2	Flat
£250K	01/21	0.49 mi	20, School Close, Chesham, Buckinghamshire HP5 2BQ	£4,464	56	2	Flat
£125K	03/21	0.49 mi	17, School Close, Chesham, Buckinghamshire HP5 2BQ	£2,155	58	2	Flat
£246K	08/21	0.49 mi	34, School Close, Chesham, Buckinghamshire HP5 2BQ	£4,100	60	2	Flat
£247K	01/21	0.51 mi	48a, Severalls Avenue, Chesham, Buckinghamshire HP5 3EL	£6,175	40	2	Flat
£220K	09/21	0.53 mi	42, Victoria Road, Chesham, Buckinghamshire HP5 3AH	-	-	2	Flat
£220K	09/21	0.53 mi	42, Victoria Road, Chesham, Buckinghamshire HP5 3AH	-	-	2	Flat
£250K	05/21	0.54 mi	23, Frances Street, Chesham, Buckinghamshire HP5 3ER	£3,731	67	2	Flat
£280K	08/21	0.54 mi	33, Frances Street, Chesham, Buckinghamshire HP5 3ER	£4,179	67	2	Flat
£262.5K	12/22	0.57 mi	1, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	£14,583	18	2	Flat
£200K	06/23	0.57 mi	14, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	-	-	2	Flat
£245K	02/21	0.59 mi	51, Mount Nugent, Chesham, Buckinghamshire HP5 2NE	£3,889	63	2	Flat
£263K	10/20	0.6 mi	15, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£3,925	67	2	Flat
£270K	03/21	0.6 mi	10, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£3,913	69	2	Flat
£289K	12/20	0.6 mi	1, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£4,470	65	2	Flat
£325K	08/22	0.62 mi	71, Mount Nugent, Chesham, Buckinghamshire HP5 2NE	£4,738	69	2	Flat
£300K	03/21	0.67 mi	15, Clay Acre, Chesham, Buckinghamshire HP5 3BL	£4,478	67	2	Flat
£300K	03/23	0.67 mi	3, Bennetts, Chesham, Buckinghamshire HP5 3AR	£4,762	63	2	Flat
£305K	09/22	0.71 mi	17, Four Oaks, Chesham, Buckinghamshire HP5 2SD	£4,485	68	2	Flat
£230K	08/22	0.72 mi	4, Little Greencroft, Chesham, Buckinghamshire HP5 2NQ	£6,571	35	2	Flat
£250K	10/21	0.77 mi	17a, Market Square, Chesham, Buckinghamshire HP5 1HG	£4,335	58	2	Flat
£80K	11/22	0.79 mi	13, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,481	54	2	Flat
£85K	02/21	0.79 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£167K	06/21	0.79 mi	34, Townbridge Court, Chesham, Buckinghamshire HP5 1LN	£3,479	48	2	Flat
£85K	02/21	0.79 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£300K	06/23	0.9 mi	19, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,054	74	2	Flat
£330K	12/20	0.9 mi	5, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,074	81	2	Flat
£287.5K	06/21	0.9 mi	31, Forelands Way, Chesham, Buckinghamshire HP5 1QP	-	-	2	Flat
£280K	01/21	0.9 mi	17, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£3,590	78	2	Flat
£320K	02/21	0.9 mi	29, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,156	77	2	Flat

Local Rents

19 rents from £1.1K/mo to £1.6K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,625	12/24	0.09 mi	-	2	Terraced House
£1,400	12/24	0.15 mi	-	2	Terraced House
£1,100	01/24	0.15 mi	-	2	Terraced House
£1,600	12/24	0.21 mi	Ridgeway Road, Chesham, HP5	2	Semi-Detached House
£1,600	12/24	0.41 mi	Berkhampstead Road, Chesham, HP5	2	Terraced House
£1,200	03/25	0.44 mi	-	2	Flat
£1,375	12/24	0.45 mi	Broad Street, HP5	2	Flat
£1,500	12/24	0.45 mi	Higham Road, Chesham, HP5	2	Terraced House
£1,450	04/25	0.46 mi	-	2	Flat
£1,400	09/24	0.48 mi	-	2	Flat
£1,550	08/24	0.5 mi	-	2	Terraced House
£1,600	11/24	0.51 mi	-	2	Terraced House
£1,400	01/24	0.51 mi	-	2	Bungalow
£1,600	12/24	0.51 mi	Queens Road, Chesham, HP5	2	Terraced House
£1,300	02/25	0.52 mi	-	2	Flat
£1,450	03/25	0.57 mi	-	2	Semi-Detached House
£1,295	04/24	0.57 mi	Victoria Road, Chesham	2	Flat
£1,375	12/24	0.57 mi	-	2	Flat
£1,575	12/24	0.58 mi	-	2	Flat

Local Area Statistics

Population in HP5	25,27725,277
Town centre distance	0.53 miles away0.53 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.71 miles away0.71 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+16%+16%

Property History

Price changed to £270,000

February 20, 2025

Price changed to £274,400

November 8, 2024

Listed for £280,000

June 21, 2024

Floor Plans

Description

Two double bedrooms +
Level walk to Town & Station +
Open plan kitchen/Living room +
Allocated parking +
Countryside walks at your doorstep +
116 Years remaining on lease +

NO CHAIN ! A well-proportioned TWO DOUBLE BEDROOM EXECUTIVE apartment, within a SHORT LEVEL WALK to the TOWN & STATION. Security entry, MODERN OPEN KITCHEN/living/dining room, MODERN bathroom, and ALLOCATED PARKING.

The Frost Partnership is delighted to offer this stunning 2 bedroom, second floor apartment, located in a popular location offering a short, level walk to the Town and station. The property boasts two double bedrooms, a modern bathroom, open plan kitchen/living area, and allocated parking.

Agent Details

The Frost Partnership, Chesham

01494 341036

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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