Highdene

Highdene, Park Drive, Woking, Surrey, GU22 7NL 

Asking Price: £200,000

A Prime Buy-to-Let Opportunity in the Heart of Woking

An excellent opportunity to acquire a well-presented one-bedroom flat with its own garage, ideally positioned in one of Woking’s most popular residential locations. This property represents a ready-made investment, currently let to long-standing tenants and generating consistent rental income.

Investment Highlights

• Current Rent: £1,065 per calendar month (£12,780 per annum)
• Gross Yield: 6.39%
• Established Tenancy: In place for over three years, demonstrating stability and reliable income
• Lease Length: Approximately 999-year lease from purchase – exceptional long-term security
• Service Charge: £2,500 per annum
• Net Yield: 5.14%
• EPC Rating: C – attractive for energy-conscious tenants and future-proofed against regulatory changes
• Garage Included: A valuable and increasingly rare asset, enhancing tenant appeal and rental demand

The Property

This one-bedroom flat is well suited to professional tenants seeking convenience, comfort, and connectivity. The accommodation is thoughtfully laid out, offering a bright living space, a well-proportioned bedroom, and practical kitchen and bathroom facilities.

The inclusion of a private garage significantly enhances the property’s desirability, providing secure parking or additional storage – a key advantage in this location.

The Location – Park Drive, Woking

Park Drive is a highly regarded residential address, known for its quiet surroundings while remaining close to Woking’s excellent amenities.

Woking is one of Surrey’s strongest rental markets, driven by:

• Fast rail links to London Waterloo (approx. 24 minutes)
• A thriving town centre with shopping, dining, and leisure facilities
• Proximity to major employers, business parks, and the wider Surrey commuter belt
• Green open spaces, parks, and countryside nearby, appealing to a broad tenant demographic.

This combination ensures consistent tenant demand and strong long-term rental prospects.

Why This Investment Works

• Immediate income from a proven, long-term tenant
• Strong rental demand in a highly accessible commuter town
• Long lease length offering peace of mind for future resale and financing
• EPC C rating supporting ongoing compliance and rental viability
• Added value of a garage, boosting both rental and resale appeal

Summary

44 Highdene, Park Drive presents a low-maintenance, income-producing investment in a prime Surrey location. With established tenants, excellent transport links, and long-term lease security, this property is ideally suited to investors seeking dependable returns and future growth potential.

LET PURE INVESTOR TAKE THE STRAIN AWAY …..

• Fully managed lettings and property management service
• Comprehensive coverage throughout England and Wales
• One team, one fee across your full portfolio
• Rental income protection available
• Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

Get in touch with the team