3 Bed Flat, Single Let, Chesham, HP5 1EP, £280,000

Chesham, Buckinghamshire, HP5 1EP - 3 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~64 m²
+5 photos

ValuationUndervalued

Sold Prices£278K - £562.5K
Sold Prices/m²£3.5K/m² - £7.7K/m²

 

 

Square Metres

~63.60 m²
Price/m²£4.4K/m²

Value Estimate

£323,739
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£86,700

 

 

Cash Out

 

Rent Range

£1,550 - £2,100

Rent Estimate

£1,575

Running Costs/mo

£1,210

Cashflow/mo

£365

Cashflow/yr

£4,380

ROI

5%

Gross Yield

7%

Local Sold Prices

7 sold prices from £278K to £562.5K, average is £330K. £3.5K/m² to £7.7K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£278K10/200.89 mi8, Russell Court, Chesham, Buckinghamshire HP5 3JJ3
£562.5K09/221.96 mi15, Oakfield Close, Amersham, Buckinghamshire HP6 5TA3
£373K04/212.24 mi49, Grove Road, Amersham, Buckinghamshire HP6 6LY3
£285K07/212.29 mi39, Park Place, Amersham, Buckinghamshire HP6 6NG3
£285K07/222.3 mi39, Park Place, Amersham, Buckinghamshire HP6 6NG3
£412.5K10/222.61 mi24, Pondwicks, Amersham, Buckinghamshire HP7 0EP3
£330K02/212.61 mi18, Pondwicks, Amersham, Buckinghamshire HP7 0EP3

Local Rents

20 rents from £1.6K/mo to £2.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,10012/240.17 miGermain Street, Chesham, Bucks, HP53
£1,72512/240.25 mi35 Broad Street, CHESHAM3
£1,80002/250.35 mi-3
£1,55012/240.38 mi-3
£1,55012/240.38 mi-3
£1,65012/240.38 mi-3
£1,55012/240.38 mi-3
£1,99512/240.4 miBroadlands Avenue, Chesham HP53
£1,75008/240.61 mi-3
£1,80010/230.62 mi-3
£1,75006/240.65 mi-3
£1,65004/250.65 mi-3
£1,65009/230.66 miBrockhurst Road, Chesham, Buckinghamshire, HP53
£1,85001/250.67 mi-3
£1,70012/240.75 miTaylors Road, Chesham3
£1,80012/240.85 mi-3
£1,80008/240.93 mi-3
£1,80003/251.03 mi-3
£1,95012/241.04 mi-3
£1,75012/241.21 miDurrants Path, CHESHAM3

Local Area Statistics

Population in HP5

25,277

Town centre distance

0.39 miles away

Nearest school

0.30 miles away

Nearest train station

0.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £280,000

February 8, 2025

Listed for £290,000

January 2, 2025

Floor Plans

Description

  • Leasehold Term 125 years from 15/08/2018 +
  • Entrance Hall +
  • Living Room +
  • Three Bedrooms +
  • Kitchen +
  • Family Bathroom +
  • Grade II listed three bedroom apartment +
  • Council Tax Band C +
  • Lease:- 125 years from October 2018 +
  • Service/Maintenance £1400.00 PA +

Property Description

Situated on the Chesham High Street the property is 0.1 Miles from the station, is this rarely available three bedroom first floor apartment. The property benefits from the remainder of a 118 year lease and would make an excellent first time or investment purchase.

Agent Details

Chancellors, Chesham

01494 341306

Next Steps?

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