2 Bed Flat, Single Let, Chesham, HP5 1FX, £250,000

Chesham, Buckinghamshire, HP5 1FX - 3 months ago

Leasehold

BTL

ROI: 2%

~53 m²

+4 photos

ValuationOvervalued

Sold Prices	£80K - £635K
Sold Prices/m²	£1.5K/m² - £14.6K/m²

Square Metres	~53.23 m²
Price/m²	£4.7K/m²
Value Estimate	£219,039£219,039

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£16,200£16,200
Total Cash In	£78,700£78,700

Cash Out
Rent Range	£1,195 - £1,700£1,195 - £1,700
Rent Estimate	£1,199
Running Costs/mo	£1,041£1,041
Cashflow/mo	£158£158
Cashflow/yr	£1,895£1,895
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

28 sold prices from £80K to £635K, 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
£300K	06/23	0.06 mi	19, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,054	74	2	Flat
£330K	12/20	0.06 mi	5, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,074	81	2	Flat
£287.5K	06/21	0.06 mi	31, Forelands Way, Chesham, Buckinghamshire HP5 1QP	-	-	2	Flat
£280K	01/21	0.06 mi	17, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£3,590	78	2	Flat
£320K	02/21	0.06 mi	29, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,156	77	2	Flat
£250K	10/21	0.1 mi	17a, Market Square, Chesham, Buckinghamshire HP5 1HG	£4,335	58	2	Flat
£80K	11/22	0.11 mi	13, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,481	54	2	Flat
£85K	02/21	0.11 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£167K	06/21	0.11 mi	34, Townbridge Court, Chesham, Buckinghamshire HP5 1LN	£3,479	48	2	Flat
£85K	02/21	0.11 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£260K	01/21	0.25 mi	Flat 13, Lordsmill Court, Waterside, Chesham, Buckinghamshire HP5 1PR	-	-	2	Flat
£240K	05/21	0.3 mi	227, Riverside Court, Chesham, Buckinghamshire HP5 1PX	£3,333	72	2	Flat
£200K	06/23	0.42 mi	14, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	-	-	2	Flat
£262.5K	12/22	0.43 mi	1, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	£14,583	18	2	Flat
£220K	09/21	0.51 mi	42, Victoria Road, Chesham, Buckinghamshire HP5 3AH	-	-	2	Flat
£220K	09/21	0.51 mi	42, Victoria Road, Chesham, Buckinghamshire HP5 3AH	-	-	2	Flat
£242K	05/21	0.55 mi	Flat 3a, Rose Court, Chessmount Rise, Chesham, Buckinghamshire HP5 1RJ	-	-	2	Flat
£263K	10/20	0.57 mi	15, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£3,925	67	2	Flat
£270K	03/21	0.57 mi	10, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£3,913	69	2	Flat
£289K	12/20	0.57 mi	1, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£4,470	65	2	Flat
£212.5K	09/22	0.63 mi	17, Elmtree Hill, Chesham, Buckinghamshire HP5 2PA	-	-	2	Flat
£300K	03/21	0.64 mi	15, Clay Acre, Chesham, Buckinghamshire HP5 3BL	£4,478	67	2	Flat
£300K	03/23	0.7 mi	3, Bennetts, Chesham, Buckinghamshire HP5 3AR	£4,762	63	2	Flat
£280K	02/23	0.72 mi	49, Woodley Hill, Chesham, Buckinghamshire HP5 1SL	£5,000	56	2	Flat
£250K	05/21	0.83 mi	23, Frances Street, Chesham, Buckinghamshire HP5 3ER	£3,731	67	2	Flat
£280K	08/21	0.83 mi	33, Frances Street, Chesham, Buckinghamshire HP5 3ER	£4,179	67	2	Flat
£247K	01/21	0.85 mi	48a, Severalls Avenue, Chesham, Buckinghamshire HP5 3EL	£6,175	40	2	Flat
£635K	10/21	1 mi	34, Codmore Crescent, Chesham, Buckinghamshire HP5 3LZ	-	-	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,425	10/24	0.07 mi	-	2	Flat
£1,550	12/24	0.08 mi	Germain Street, Chesham, HP5 1LH	2	Flat
£1,450	01/24	0.1 mi	-	2	Flat
£1,375	04/24	0.1 mi	-	2	Flat
£1,375	12/24	0.1 mi	-	2	Flat
£1,200	01/25	0.1 mi	-	2	Terraced House
£1,195	01/25	0.1 mi	-	2	Terraced House
£1,195	02/25	0.1 mi	-	2	Terraced House
£1,195	04/25	0.1 mi	-	2	Terraced House
£1,195	02/25	0.1 mi	-	2	Terraced House
£1,350	12/24	0.25 mi	Lords Mill Court, Waterside, Chesham, Buckinghamshire, HP5	2	Flat
£1,300	12/24	0.25 mi	-	2	Flat
£1,450	12/24	0.26 mi	Merlebank, Hospital Hill, Chesham, HP5	2	Flat
£1,450	12/24	0.26 mi	Hospital Hill, CHESHAM	2	Flat
£1,450	12/24	0.26 mi	Hospital Hill, CHESHAM	2	Flat
£1,700	12/24	0.28 mi	Francis Cottages, White Hill, Chesham, HP5	2	Terraced House
£1,575	12/24	0.3 mi	-	2	Flat
£1,375	12/24	0.37 mi	-	2	Flat
£1,295	04/24	0.43 mi	Victoria Road, Chesham	2	Flat
£1,450	03/25	0.48 mi	-	2	Semi-Detached House
£1,600	12/24	0.5 mi	Queens Road, Chesham, HP5	2	Terraced House
£1,450	04/25	0.52 mi	-	2	Flat
£1,500	12/24	0.53 mi	Higham Road, Chesham, HP5	2	Terraced House
£1,300	02/25	0.54 mi	-	2	Flat
£1,375	12/24	0.56 mi	Broad Street, HP5	2	Flat

Local Area Statistics

Population in HP5	25,27725,277
Town centre distance	0.57 miles away0.57 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.18 miles away0.18 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 £250,000

March 20, 2025

Listed for £270,000

January 26, 2025

Floor Plans

Description

Leasehold Term 125 years from 01/01/2016 +
Open Plan Living +
Allocated Parking +
Two Bedrooms +
Family Bathroom +
Leasehold 116 years remaining +
Awaiting vendor approval on marketing +
Ground rent £295 per annum +
Service Charge £1512 Per Annum +
No onward chain +

Property Description

Chancellors are thrilled to be marketing this well presented modern two bedroom apartment set within 0.5 miles from town centre

Agent Details

Chancellors, Chesham

01494 341306

Next Steps?

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

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