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

242A, Wentworth Place, Waterside, Chesham, Buckinghamshire, HP5 1PN - 1 views - 2 months ago

Leasehold

BTL

ROI: 2%

57 m²

+5 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	£9,500£9,500
Total Cash In	£74,500£74,500

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

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
£240K	05/21	0.04 mi	227, Riverside Court, Chesham, Buckinghamshire HP5 1PX	£3,333	72	2	Flat
£260K	01/21	0.05 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	0.31 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	0.4 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£167K	06/21	0.4 mi	34, Townbridge Court, Chesham, Buckinghamshire HP5 1LN	£3,479	48	2	Flat
£85K	02/21	0.4 mi	7, Town Bridge Court, Chesham, Buckinghamshire HP5 1LN	£1,735	49	2	Flat
£280K	02/23	0.45 mi	49, Woodley Hill, Chesham, Buckinghamshire HP5 1SL	£5,000	56	2	Flat
£200K	06/23	0.62 mi	14, Victoria Road, Chesham, Buckinghamshire HP5 3AJ	-	-	2	Flat
£262.5K	12/22	0.62 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	0.76 mi	15, Clay Acre, Chesham, Buckinghamshire HP5 3BL	£4,478	67	2	Flat
£300K	03/23	0.82 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
£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	0.05 mi	Lords Mill Court, Waterside, Chesham, Buckinghamshire, HP5	2	Flat
£1,300	12/24	0.07 mi	-	2	Flat
£1,450	12/24	0.1 mi	Hospital Hill, CHESHAM	2	Flat
£1,450	12/24	0.1 mi	Hospital Hill, CHESHAM	2	Flat
£1,450	12/24	0.1 mi	Merlebank, Hospital Hill, Chesham, HP5	2	Flat
£1,425	10/24	0.22 mi	-	2	Flat
£1,550	12/24	0.37 mi	Germain Street, Chesham, HP5 1LH	2	Flat
£1,450	01/24	0.38 mi	-	2	Flat
£1,375	04/24	0.38 mi	-	2	Flat
£1,375	12/24	0.38 mi	-	2	Flat
£1,200	01/25	0.38 mi	-	2	Terraced House
£1,195	01/25	0.38 mi	-	2	Terraced House
£1,195	02/25	0.38 mi	-	2	Terraced House
£1,195	04/25	0.38 mi	-	2	Terraced House
£1,195	02/25	0.38 mi	-	2	Terraced House
£1,500	12/24	0.47 mi	Chesham, Bucks, HP5	2	Flat
£1,700	12/24	0.49 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
£1,295	04/24	0.62 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	0.42 miles away0.42 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 £260,000

February 7, 2025

Floor Plans

Description

Two double bedroom apartment +
Sought after South side of Chesham +
Short level walk to the town & station +
Very well-proportioned throughout +
Living/dining room & modern bathroom +
Communal grounds & no chain +

GARAGE & PARKING with this TWO DOUBLE BEDROOM first floor apartment well placed in the SOUGHT AFTTER SOUTH SIDE of Chesham within a SHORT LEVEL WALK to the TOWN, STATION & OPEN AIR POOL, GYM & TENNIS COURTS. Modern KITCHEN/BREAKFAST/ROOM & BATHROOM. NO CHAIN!

The Frost Partnership are delighted to be able to offer this extremely well-proportioned two bedroomed first floor apartment set on the enviable South side of Chesham offering a short level walk to both town centre and station yet close to Chesham Moor open air swimming pool and tennis courts. The property offers easy access to Chesham along with Amersham and Chalfont/Lattimer main line stations along with the M25. The property offers light and airy accommodation throughout with a large living/dining room, a separate modern kitchen/breakfast room, two double bedrooms, modern family bathroom, ample storage, uPVC double glazing throughout, communal courtyard gardens. No onward chain. Viewing advised.

Agent Details

The Frost Partnership, Chesham

01494 341036

Next Steps?

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