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1 bedroom property for sale
Cressex Road, High Wycombe
£185,000
Cressex Road, High Wycombe
£185,000
Our Summary
- FOR SALE BY AUCTION ON WEDNESDAY 20TH OF NOVEMBER 2024 AT 1 PMSALE VIA A LIVE-STREAMEDAUCTION GUIDE PRICE: £185,000** VIEWINGS BY APPOINTMENT VIA AUCTION HOUSE **LET ON AST WITH ANNUAL RENTAL INCOME OF £14,400
- This property presents a great investment opportunity, combining attractive rental income with period charm in a sought-after development generating an 8% yield
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
Description
This luxurious one-bedroom ground floor apartment is being sold by auction on November 20th, 2024, with a guide price of £185,000. The property is currently let on an Assured Shorthold Tenancy (AST) generating an annual income of £14,400, offering an 8% yield. The apartment is situated in a beautifully redeveloped Grade II listed building, retaining charming character features such as exposed oak beams and exposed brickwork. The property boasts a spacious open-plan living and kitchen area, a large double bedroom with integrated storage, and an en-suite shower room. Additionally, off-road parking is available at the front of the property. With a 249-year lease and a share of the freehold, this property presents a great investment opportunity, combining attractive rental income with period charm in a sought-after development.