2 Bed Flat, Single Let, Chesham, HP5 1PR, £275,000

Lords Mill Court, Chesham, Buckinghamshire, HP5 1PR - 2 views - 7 months ago

Sold STC

Leasehold

BTL

ROI: 1%

~72 m²

+5 photos

ValuationUndervalued

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

Square Metres	~72.30 m²
Price/m²	£3.8K/m²
Value Estimate	£294,556£294,556
BMV	7%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£68,750£68,750
Stamp Duty & Legal Fees	£10,700£10,700
Total Cash In	£79,450£79,450

Cash Out
Rent Range	£1,195 - £1,700£1,195 - £1,700
Rent Estimate	£1,196
Running Costs/mo	£1,119£1,119
Cashflow/mo	£77£77
Cashflow/yr	£929£929
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

26 sold prices from £80K to £330K, average is £261.3K. £1.5K/m² to £14.6K/m², average is £4.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£260K	01/21	0 mi	Flat 13, Lordsmill Court, Waterside, Chesham, Buckinghamshire HP5 1PR	-	-	2	Flat
£240K	05/21	0.05 mi	227, Riverside Court, Chesham, Buckinghamshire HP5 1PX	£3,333	72	2	Flat
£300K	06/23	0.21 mi	19, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,054	74	2	Flat
£330K	12/20	0.21 mi	5, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,074	81	2	Flat
£287.5K	06/21	0.21 mi	31, Forelands Way, Chesham, Buckinghamshire HP5 1QP	-	-	2	Flat
£280K	01/21	0.21 mi	17, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£3,590	78	2	Flat
£320K	02/21	0.21 mi	29, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,156	77	2	Flat
£250K	10/21	0.35 mi	17a, Market Square, Chesham, Buckinghamshire HP5 1HG	£4,335	58	2	Flat
£242K	05/21	0.36 mi	Flat 3a, Rose Court, Chessmount Rise, Chesham, Buckinghamshire HP5 1RJ	-	-	2	Flat
£80K	11/22	0.36 mi	13, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,481	54	2	Flat
£85K	02/21	0.36 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£167K	06/21	0.36 mi	34, Townbridge Court, Chesham, Buckinghamshire HP5 1LN	£3,479	48	2	Flat
£85K	02/21	0.36 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£280K	02/23	0.47 mi	49, Woodley Hill, Chesham, Buckinghamshire HP5 1SL	£5,000	56	2	Flat
£200K	06/23	0.61 mi	14, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	-	-	2	Flat
£262.5K	12/22	0.61 mi	1, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	£14,583	18	2	Flat
£220K	09/21	0.69 mi	42, Victoria Road, Chesham, Buckinghamshire HP5 3AH	-	-	2	Flat
£220K	09/21	0.69 mi	42, Victoria Road, Chesham, Buckinghamshire HP5 3AH	-	-	2	Flat
£263K	10/20	0.72 mi	15, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£3,925	67	2	Flat
£270K	03/21	0.72 mi	10, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£3,913	69	2	Flat
£289K	12/20	0.72 mi	1, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£4,470	65	2	Flat
£300K	03/21	0.77 mi	15, Clay Acre, Chesham, Buckinghamshire HP5 3BL	£4,478	67	2	Flat
£300K	03/23	0.83 mi	3, Bennetts, Chesham, Buckinghamshire HP5 3AR	£4,762	63	2	Flat
£212.5K	09/22	0.88 mi	17, Elmtree Hill, Chesham, Buckinghamshire HP5 2PA	-	-	2	Flat
£250K	05/21	0.99 mi	23, Frances Street, Chesham, Buckinghamshire HP5 3ER	£3,731	67	2	Flat
£280K	08/21	0.99 mi	33, Frances Street, Chesham, Buckinghamshire HP5 3ER	£4,179	67	2	Flat

Local Rents

20 rents from £1.2K/mo to £1.7K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,350	12/24	0.01 mi	Lords Mill Court, Waterside, Chesham, Buckinghamshire, HP5	2	Flat
£1,300	12/24	0.09 mi	-	2	Flat
£1,450	12/24	0.12 mi	Hospital Hill, CHESHAM	2	Flat
£1,450	12/24	0.12 mi	Hospital Hill, CHESHAM	2	Flat
£1,450	12/24	0.12 mi	Merlebank, Hospital Hill, Chesham, HP5	2	Flat
£1,425	10/24	0.18 mi	-	2	Flat
£1,550	12/24	0.33 mi	Germain Street, Chesham, HP5 1LH	2	Flat
£1,450	01/24	0.35 mi	-	2	Flat
£1,375	04/24	0.35 mi	-	2	Flat
£1,375	12/24	0.35 mi	-	2	Flat
£1,200	01/25	0.35 mi	-	2	Terraced House
£1,195	01/25	0.35 mi	-	2	Terraced House
£1,195	02/25	0.35 mi	-	2	Terraced House
£1,195	04/25	0.35 mi	-	2	Terraced House
£1,195	02/25	0.35 mi	-	2	Terraced House
£1,700	12/24	0.48 mi	Francis Cottages, White Hill, Chesham, HP5	2	Terraced House
£1,500	12/24	0.49 mi	Chesham, Bucks, HP5	2	Flat
£1,575	12/24	0.53 mi	-	2	Flat
£1,375	12/24	0.58 mi	-	2	Flat
£1,295	04/24	0.61 mi	Victoria Road, Chesham	2	Flat

Local Area Statistics

Population in HP5	25,27725,277
Town centre distance	0.74 miles away0.74 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.40 miles away0.40 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

Listed for £275,000

September 7, 2024

Floor Plans

Description

Juliet Balcony In Lounge Overlooking River Chess +
0.5 Miles From Chesham Train Station +
En-Suite Bathroom in Principle Bedroom +
2 Large Double Bedrooms +
Door Entry Intercom With Lock Release System +
Allocated Parking For One Vehicle And Visitor Parking +
Moments From Open Countryside & Local Store +

Daniel Hemsley Estates are delighted to present this purpose built two bedroom, two bathroom executive apartment. Offered to the market vacant and chain free, the property is located 0.5 miles from Chesham train station and Town Centre. Ideal for the first time buyer or investor (please call for potential rental yields).

Leasehold Information

Number of years remaining on the lease: 91 years

Council tax band: C

Agent Details

Keller Williams Oxygen, Maidenhead

020 3835 2573

Next Steps?

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

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CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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