Chasewood Court

Property at a Glance

• Type: 2-Bedroom Flat (Upper Floor)
• Tenure: Leasehold – Approx. 140 Years Remaining
• Current Tenants In Situ – Instant income from day one
• Located in Prime Mill Hill – Sought-after North West London
• Excellent Transport Links – Close to Mill Hill Broadway Overground & Bus Stations
• Asking Price: Offers Over £300,000
• Annual Ground Rent: £200
• Annual Service Charge: Approx. £2,166
• Annual Sinking Fund: £250
• Access: Via Stairs

Property Description

Flat 11 Chasewood Court is a well-maintained two-bedroom apartment located on the third floor of a purpose-built block, situated in the heart of Mill Hill, a vibrant and highly desirable area in North West London.

The flat offers:

• A comfortable lounge area
• A functional kitchen
• Two well-sized bedrooms
• A modern bathroom

Ideal for the buy-to-let investor, this property is being sold with tenants in situ, providing immediate and predictable rental income with no void periods.

Location & Amenities

Just a short walk to:

• Mill Hill Broadway Overground Station
• Local bus connections
• Shops, cafes, restaurants, and supermarkets

This is a highly desirable residential location for professionals and families alike, ensuring long-term tenant demand.

Investment Analysis

• Current Rental Income: £1,400 PCM (£16,800 PA)
• Current Yield: 5.6%
• Estimated Gross Annual Rent (based on local market averages):£1,750 PCM (£21,000 PA)
• Gross Yield: 7.0%
• Comparable Rental Properties: CLICK HERE 

Net Annual Income:

• Gross Rent: £16,800
• Less: Ground Rent: -£200
• Less: Service Charge: -£2,166
• Less: Sinking Fund: -£250
• Net Income: £14,184
• Net Yield: 4.73%
• Expected Rental Income: £21,000
• Expected Net Income: 6.13%

Key Investment Highlights

• Immediate rental income
• Strong tenant demand in Mill Hill
• Attractive gross and net yield potential
• 140-year lease – long-term peace of mind
• Well-managed building and desirable location

*Viewings of this property are available; however, please note the property is tenanted and we need to be respectful of the tenants' right to a peaceful environment.  As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*

Chasewood Court - Key Points

Location

Edgware, United Kingdom