2 Bed Flat, Single Let, Chesham, HP5 1PN, £260,000

Chesham, Buckinghamshire, HP5 1PN - 3 months ago

Leasehold

BTL

ROI: 2%

~57 m²

+16 photos

ValuationOvervalued

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

Square Metres	~57 m²
Price/m²	£4.6K/m²
Value Estimate	£232,222£232,222

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£65,000£65,000
Stamp Duty & Legal Fees	£17,200£17,200
Total Cash In	£82,200£82,200

Cash Out
Rent Range	£1,195 - £1,700£1,195 - £1,700
Rent Estimate	£1,196
Running Costs/mo	£1,072£1,072
Cashflow/mo	£124£124
Cashflow/yr	£1,492£1,492
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

24 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
£240K	05/21	0.03 mi	227, Riverside Court, Chesham, Buckinghamshire HP5 1PX	£3,333	72	2	Flat
£260K	01/21	0.04 mi	Flat 13, Lordsmill Court, Waterside, Chesham, Buckinghamshire HP5 1PR	-	-	2	Flat
£300K	06/23	0.24 mi	19, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,054	74	2	Flat
£330K	12/20	0.24 mi	5, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,074	81	2	Flat
£287.5K	06/21	0.24 mi	31, Forelands Way, Chesham, Buckinghamshire HP5 1QP	-	-	2	Flat
£280K	01/21	0.24 mi	17, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£3,590	78	2	Flat
£320K	02/21	0.24 mi	29, Forelands Way, Chesham, Buckinghamshire HP5 1QP	£4,156	77	2	Flat
£242K	05/21	0.32 mi	Flat 3a, Rose Court, Chessmount Rise, Chesham, Buckinghamshire HP5 1RJ	-	-	2	Flat
£250K	10/21	0.39 mi	17a, Market Square, Chesham, Buckinghamshire HP5 1HG	£4,335	58	2	Flat
£80K	11/22	0.39 mi	13, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,481	54	2	Flat
£85K	02/21	0.39 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£167K	06/21	0.39 mi	34, Townbridge Court, Chesham, Buckinghamshire HP5 1LN	£3,479	48	2	Flat
£85K	02/21	0.39 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£280K	02/23	0.44 mi	49, Woodley Hill, Chesham, Buckinghamshire HP5 1SL	£5,000	56	2	Flat
£200K	06/23	0.63 mi	14, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	-	-	2	Flat
£262.5K	12/22	0.63 mi	1, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	£14,583	18	2	Flat
£220K	09/21	0.7 mi	42, Victoria Road, Chesham, Buckinghamshire HP5 3AH	-	-	2	Flat
£220K	09/21	0.7 mi	42, Victoria Road, Chesham, Buckinghamshire HP5 3AH	-	-	2	Flat
£263K	10/20	0.73 mi	15, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£3,925	67	2	Flat
£270K	03/21	0.73 mi	10, Freeman Court, Chesham, Buckinghamshire HP5 1AN	£3,913	69	2	Flat
£289K	12/20	0.73 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	0.91 mi	17, Elmtree Hill, Chesham, Buckinghamshire HP5 2PA	-	-	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,350	12/24	0.05 mi	Lords Mill Court, Waterside, Chesham, Buckinghamshire, HP5	2	Flat
£1,300	12/24	0.08 mi	-	2	Flat
£1,450	12/24	0.11 mi	Hospital Hill, CHESHAM	2	Flat
£1,450	12/24	0.11 mi	Hospital Hill, CHESHAM	2	Flat
£1,450	12/24	0.11 mi	Merlebank, Hospital Hill, Chesham, HP5	2	Flat
£1,425	10/24	0.22 mi	-	2	Flat
£1,550	12/24	0.36 mi	Germain Street, Chesham, HP5 1LH	2	Flat
£1,450	01/24	0.39 mi	-	2	Flat
£1,375	04/24	0.39 mi	-	2	Flat
£1,375	12/24	0.39 mi	-	2	Flat
£1,200	01/25	0.39 mi	-	2	Terraced House
£1,195	01/25	0.39 mi	-	2	Terraced House
£1,195	02/25	0.39 mi	-	2	Terraced House
£1,195	04/25	0.39 mi	-	2	Terraced House
£1,195	02/25	0.39 mi	-	2	Terraced House
£1,500	12/24	0.46 mi	Chesham, Bucks, HP5	2	Flat
£1,700	12/24	0.5 mi	Francis Cottages, White Hill, Chesham, HP5	2	Terraced House
£1,575	12/24	0.56 mi	-	2	Flat
£1,375	12/24	0.59 mi	-	2	Flat

Local Area Statistics

Population in HP5	25,27725,277
Town centre distance	0.75 miles away0.75 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.43 miles away0.43 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 £260,000

March 16, 2025

Listed for £280,000

January 30, 2025

Floor Plans

Description

Leasehold Term 189 years from 29/04/2003 +
Communal Entrance Hall +
Lounge/Dining Room +
Kitchen +
Bathroom +
Unallocated Parking to Front +
Garage In A Block +
Ground Rent £0 PA +
Service/Maintenance £780 PA +

Property Description

Offered to market with no onward chain this two bedroom first floor apartment, excellent decorative order throughout and located in the South side of Chesham, close to both Amersham & Chesham amenities. Added benefit of a garage in a block

Property Details

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Agent Details

Chancellors, Chesham

01494 341306

Next Steps?

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