This property presents a noteworthy investment opportunity, comprising two self-contained one-bedroom apartments that were once part of a three-bedroom semi-detached house. With the freehold included in the sale, investors will benefit from no ongoing service charges or ground rent, ensuring a clear path to maximizing rental yield.
Currently, both units are fully tenanted, collectively generating an annual rental income of £21,240 (£1,770 per month), reflecting a competitive gross yield of approximately 5.66%. Each apartment is well-laid out featuring a lounge/diner, spacious kitchen, double bedroom, and shower room. Tenants also enjoy access to shared front and rear gardens.
A notable feature is the lower ground floor storage area, which holds potential for conversion into an additional rental unit, subject to obtaining necessary planning permissions. This enhancement could significantly increase the overall value and rental income of the property.
The property is structured under a single freehold title (known as 51 Deeds Grove) and has been successfully converted into two independent living spaces. Situated in a desirable residential area within High Wycombe, it offers easy access to amenities, schools, transport links including mainline services to London Marylebone—ensuring consistent demand from potential tenants.
For those looking for an immediate income-producing asset with substantial long-term growth prospects through potential renovations or additional conversions, this property represents an exceptional opportunity.
