Hindhead, GU26 6AA | Investment Property for Sale | VES-GU26-111

Opportunity to buy an investment property in a sought-after area for the young professional and families

£300,000

Apartment

VES-GU26-111

INITIAL INVESTMENT

£137,700

GROSS RENT / YIELD

£12,540 / 4.2%

NET RENT / YIELD

£8,848 / 2.9%

The property

TENANCY

Tenanted

TENURE

Leasehold

GROUND RENT

£250

SERVICE CHARGE

£550

2 bedrooms

1 bathroom

1 reception room

763

Unfurnished

Additional Details

  • Length of lease: 125 years, start date April 2016

Tenancy

RENT

£12,540 p.a. / £1,045 pcm

TENANCY DEPOSIT

£1,443

TENANCY TYPE

AST

TENANCY AGREEMENT STARTED

15 months ago

TENANCY AGREEMENT ENDS

Periodic

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.

Financials

Rental Income

GROSS RENT PER ANNUM

£12,540

Equivalent of £1,045 per calendar month (PCM).

GROSS RENTAL YIELD

4.2%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£8,848

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

2.9%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£3,692

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

Disclaimer

This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.

About Hindhead, Surrey

Hindhead is a town in Surrey situated 10 miles south west of Guildford with connections to Croydon and London, via the A3 and the M25. Hindhead lies in the Commons and Devil’s Punch Bowl, offering spectacular views and walks in the Surrey Hills Countryside.

This growing community is about 10 miles away from Guildford offering varied activities innate to city life, boasting a Cathedral and G live Guildford greatest entertainment venue hosting different events all year round. Hindhead has a golf course at about 1.7 miles distance.

Housing in Hindhead has an excellent commuting potential via the Southwestern Line into London and the South Wales railway line with the Haslemere railway station being 3 miles of this property and access to the M25 via the A3 within 2 minutes’ drive.

Hindhead Road,

Hindhead,

Surrey,

England,

GU26 6AA

What makes us different?

Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.

Benefits include:

  • Buy tenanted property
  • Huge choice for all budgets
  • View property performance data
Learn more >

Important Note

The information contained in this website is for general information purposes only. The information is provided by Vesta Global Limited and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, properties, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Copyright © 2019 Vesta Global Limited. All rights reserved.