INVESTMENT OPPORTUNITY – 1 Regency House, Chertsey, KT16 9GW
Marketing Price: £250,000
Current Rent: £1,550 pcm (£18,600 pa)
Tenure: Leasehold – Approx. 230 Years Remaining
Ground Rent: £200 pa
Service Charges: £411pcm (£4,932 pa)
Allocated Parking Space: £100 pa
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KEY INVESTMENT HIGHLIGHTS
- Strong Gross Yield of approx. 7.44%
- Net Yield of approx. 5.3%
- Attractive, Turn-Key Investment with Rolling Tenancy in Place
- Current Tenants on a Rolling Contract – Instant Income from Day one
- Two Large Double Bedrooms
- Large Open-Plan Living / Kitchen / Dining Area
- Modern Fitted Kitchen with Fully Integrated Appliances
- Two Private Balconies
- Lift Access from Ground Level
- One Allocated Gated Parking Space
- Prime Town-Centre Location Close to Chertsey Train Station
FULL DESCRIPTION
Positioned within one of Chertsey’s most desirable residential developments, this beautifully presented two-bedroom, two-bathroom apartment at 1 Regency House offers the ideal combination of modern living, long lease security, and proven rental performance.
The property previously (around 2020) underwent refurbishment, including a stylish new kitchen, updated flooring, and refreshed décor throughout. Situated in the most sought-after building within the development, the apartment benefits from a contemporary layout and generous room proportions.
The accommodation comprises:
- Spacious Dual-Aspect Lounge
- A bright and airy living area featuring modern wood flooring, contemporary fitted blinds, and ample space for seating and dining zones.
- Modern Open-Plan Kitchen
- A refurbished fitted kitchen equipped with integrated appliances including a fridge/freezer, washing machine, and dishwasher.
- Two Large Double Bedrooms with Balconies
- Both bedrooms offer excellent space, built-in storage potential, and access to their own private balconies-an appealing feature for tenants and owner-occupiers alike.
- En-Suite & Family Bathroom
- The master bedroom benefits from an en-suite shower room featuring a modern three-piece suite and chrome fixtures. The family bathroom is finished to the same high standard and includes a bath with overhead shower.
ADDITIONAL FEATURES
- Secure Underground Gated Parking (Allocated) – £100 per annum
- Lift Access to All Floors
- Beautifully Maintained Communal Courtyard Gardens
- Exceptional Town-Centre Convenience
- Short Walk to Chertsey Train Station – Direct Links to London Waterloo and Surrounding Areas
WHY THIS PROPERTY IS PERFECT FOR INVESTORS
- Immediate rental income with reliable tenants already in situ
- Competitive price point for a two-bedroom unit in a high-demand area
- Low annual outgoings (ground rent + service charges)
- High gross yield of approximately 7.44%, outperforming many similar properties in the region
- Long 230-year lease, ensuring long-term asset stability
- Refurbished and easy to maintain, reducing void periods and maintenance costs
Let Pure Lettings Take The Strain…..
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