1 bedroom apartment

Wakefield Close, West Byfleet KT14 7NA

Size: 32 sqm

Purchase price

£170,000

Size: 32 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,800
Ground rent £150
Service charge £722
Lettings fees £1,037
Net income £8,891
Gross yield 6.75%
Net yield 5.56%

yieldit are pleased to present this fantastic tenanted investment opportunity generating a superb 4.94% yield. Please note there are 67 years remaining on the lease.

This immaculately presented ground floor apartment is located in an attractive residential development in the Surrey village of Byfleet. The property features an open plan living space with a fully-fitted modern kitchen, breakfast bar and lounge area with double-glazed window providing lots of natural light. There is a spacious, carpeted double bedroom and fully-tiled bathroom with walk in shower. Residents of the building have the additional benefits of intercom access, allocated off-street parking and well-maintained communal gardens.

Wakefield Close is perfectly situated close to Byfleet Village which offers a selection of shops, restaurants, pubs, salons, a bakery, pharmacy and Brooklands Shopping Centre is within walking distance which is home to Marks & Spencer and Tesco. The village offers excellent commuter links with Byfleet and New Haw station being within walking distance which provides a direct service into London Waterloo in 30 minutes and the M25 and A3 are also within easy reach. In addition to everything the village currently has to offer, the planned redevelopment of Sheer House which is expected to be completed by summer 2024 will bring new shops, restaurants, cafes and a public square with water features which will only increase it’s appeal.

Sold prices in Byfleet have increased by 11% since 2019 and the average price of a flat is £264,087 (Rightmove) which makes this is a brilliantly priced opportunity for investment. Don’t miss out and enquire today.

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! A well-presented one bedroom ground floor apartment with allocated parking in Byfleet, Surrey which offers excellent commuter links. Enquire today!

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

4.68% NET yield

Key features

Spacious double bedroom

Key features

Well presented throughout

Key features

Ground floor location

Key features

Fully-fitted kitchen with breakfast bar

Key features

Allocated parking

Key features

Secure intercom access

Key features

Well-maintained communal gardens

Key features

Convenient location with fantastic transport links

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! A well-presented one bedroom ground floor apartment with allocated parking in Byfleet, Surrey which offers excellent commuter links. Enquire today! More info...

yieldit are pleased to present this fantastic tenanted investment opportunity generating a superb 4.94% yield. Please note there are 67 years remaining on the lease.

This immaculately presented ground floor apartment is located in an attractive residential development in the Surrey village of Byfleet. The property features an open plan living space with a fully-fitted modern kitchen, breakfast bar and lounge area with double-glazed window providing lots of natural light. There is a spacious, carpeted double bedroom and fully-tiled bathroom with walk in shower. Residents of the building have the additional benefits of intercom access, allocated off-street parking and well-maintained communal gardens.

Wakefield Close is perfectly situated close to Byfleet Village which offers a selection of shops, restaurants, pubs, salons, a bakery, pharmacy and Brooklands Shopping Centre is within walking distance which is home to Marks & Spencer and Tesco. The village offers excellent commuter links with Byfleet and New Haw station being within walking distance which provides a direct service into London Waterloo in 30 minutes and the M25 and A3 are also within easy reach. In addition to everything the village currently has to offer, the planned redevelopment of Sheer House which is expected to be completed by summer 2024 will bring new shops, restaurants, cafes and a public square with water features which will only increase it’s appeal.

Sold prices in Byfleet have increased by 11% since 2019 and the average price of a flat is £264,087 (Rightmove) which makes this is a brilliantly priced opportunity for investment. Don’t miss out and enquire today.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop 4.68% NET yield
    Tick Desktop Spacious double bedroom
    Tick Desktop Well presented throughout
    Tick Desktop Ground floor location
    Tick Desktop Fully-fitted kitchen with breakfast bar
    Tick Desktop Allocated parking
    Tick Desktop Secure intercom access
    Tick Desktop Well-maintained communal gardens
    Tick Desktop Convenient location with fantastic transport links
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £10,800
Ground rent £150
Service charge £722
Lettings fees £1,037
Net income £8,891
Gross yield 6.75%
Net yield 5.56%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.