
Attention Investors! Deeds Grove, High Wycombe

- PROPERTY TYPE
Semi-Detached
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- BUY WITH TENANTS IN SITU - ZERO VOID
- £1,770 PCM (£21,240 PER ANNUM) RENTAL INCOME
- 5.66% RENTAL YIELD
- TWO SELF CONTAINED ONE BEDROOM FLATS WITH THE FREEHOLD INCLUDED
- NO GROUND RENT OR SERVICE CHARGE
- POTENTIAL TO CONVERT BASEMENT INTO A FURTHER UNIT (STPP)
- FRONT & REAR GARDENS
- SOUGHT AFTER LOCATION
- CLOSE TO J.4 OF M40
- GAS CENTRAL HEATING
Description
Offered to the market is this rare opportunity to acquire two fully self-contained one-bedroom apartments with the freehold, forming part of what was originally a three-bedroom semi-detached house. Acquiring this opportunity would result in the ownership of the freehold, meaning that there is no service charge or ground rent payable, therefore having zero impact on the yield.
The property is currently fully let and generating a combined rental income of £1,770 per calendar month (£21,240 per annum), representing an approximate gross yield of 5.66%, making this an attractive proposition for investors seeking an immediate income-producing asset.
The property is arranged as two self-contained apartments, each providing well-proportioned accommodation comprising a lounge/diner, spacious kitchen, double bedroom and a shower room. Both tenants also benefit from access to the front and rear gardens, offering useful outdoor space. In addition, there is a lower ground floor storage area which presents potential for conversion into a possible third rental unit, subject to the necessary planning permissions and consents.
Please note the property is being sold under a single freehold title, with the original house having been converted internally into two units (currently known as 51A and 51B). As such, the property is to be sold as 51 Deeds Grove, presenting a straightforward opportunity for investors seeking a ready-made multi-income investment.
Deeds Grove is a popular residential location within High Wycombe, offering convenient access to local amenities, schools, transport links and High Wycombe town centre, as well as mainline train services into London Marylebone, making the area consistently attractive to tenants.
This represents an excellent opportunity to acquire a fully tenanted investment property with immediate rental return, with potential for future capital growth.
Brochures
ATTENTION INVESTORS! DEEDS GROVE, HIGH WYCOMBEBrochure- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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Visit our security centre to find out moreDisclaimer - Property reference 34529489. 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 Hurst Estate Agents, South Buckinghamshire. 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.
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