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2 bedroom apartment for sale
Guildford Street, Chertsey, Surrey, KT16
£250,000
Guildford Street, Chertsey, Surrey, KT16
£250,000
Our Summary
- INVESTMENT OPPORTUNITY - 1 Regency House, Chertsey, KT16 9GW Marketing Price: £250,000 Current Rent: £1,550 pcm (£18,600 pa) Tenure: Leasehold - Approx
Description
This two-bedroom, two-bathroom apartment at 1 Regency House in Chertsey is a prime investment opportunity with a strong gross yield of approximately 7.44% and a net yield of 5.3%. The property has been refurbished, including a modern kitchen and updated flooring, and benefits from a long lease of approximately 230 years remaining. The apartment is situated in a highly sought-after development, with a prime town-centre location close to Chertsey Train Station and offering instant income from day one with a rolling tenancy in place. The property features a spacious dual-aspect lounge, modern open-plan kitchen, two large double bedrooms with balconies, and two bathrooms, including an en-suite shower room. With low annual outgoings and a high demand for rental properties in the area, this property presents an attractive investment opportunity for investors looking to maximize their returns.