Cheam Road, Epsom, Surrey, KT17
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Buy-to-let property investment
- Being sold with the current tenants in situ
- Annual rental income of £14,400 per annum
- Gross yield of 5.8%
- Priced to sell considering average sales in the area
- Allocated parking space included with the apartment
Description
Property at a Glance
* Type: One-bedroom, second-floor apartment (leasehold)
* Tenure: Approx. 986 years remaining - effectively long leasehold
* Bedrooms: 1 double bedroom with fitted wardrobes
* Living: Open-plan kitchen & living room; good-sized bathroom (shower over bath)
* Parking: One allocated parking space (a valuable plus in the area)
* Age & Condition: Built in 2011; modern, well-maintained
* Current Tenancy: Tenant in situ since 31 March 2021
* Last Year's Charges: Service charge £660.22 (for last 6 months), Ground Rent £400 per annum
________________________________________
Revenue & Yield Analysis
Assuming the asking price of £250,000:
* Gross Annual Rent: £14,400
* Gross Yield: 5.76%
* Estimated Net Annual Income: £12,680
* Net Yield: 5.07%Summary: At the £250,000 asking price, the apartment offers a strong gross rental yield of 5.8% and a net yield of 5.1% a very attractive return relative to many similar properties in the KT17 area.
* Summary: At the £250,000 asking price, the apartment offers a strong gross rental yield of 5.8% and a net yield of 5.1% a very attractive return relative to many similar properties in the KT17 area.
________________________________________
Why This Is a Stand-Out Investment
* Above-average yield: With a sub-£250k entry point, the flat promises gross yield 5.8% - well above typical net yields of many comparable flats priced higher.
* Long leasehold: With nearly 1,000 years remaining on the lease, this investment carries minimal lease-related risk compared with shorter-lease properties.
* Low overheads: Service charge and ground rent are modest (especially compared to many newer/high-rise developments), helping preserve net return.
* Desirable location: The property sits in the heart of Ewell Village - a well-regarded residential village-style area with shops, restaurants and excellent transport links, making it popular with commuters and professionals.
* Parking included: The allocated parking space adds a real premium - many flats in KT17 do not offer this, and it enhances both rental appeal and resale value.
* Room for capital growth: Given local comparable flats selling for £290-£325k, there is potential for capital appreciation, especially if demand in Ewell/Epsom remains strong.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Cheam Road, Epsom, Surrey, KT17
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference Mercury-House-Epsom. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.