High rental yieldUK-00017Staines-upon-Thames: Completed Apartments with Reservoir Views
Staines Upon Thames
- 0–3beds
- 1–2baths
- 38–92 m²
Ready to move
High Wycombe
The apartments stand on the edge of High Wycombe in Buckinghamshire, on an eighty acre site bordered by a thirty four acre country park and ancient woodland. The Chiltern Hills, an Area of Outstanding Natural Beauty, begin at the town's edge. High Wycombe station and the town centre are four kilometres away, and from there London Marylebone is twenty six minutes by train, one stop. The M40 is ten kilometres, the M25 the same, Heathrow twenty nine kilometres by road. Central London is forty eight kilometres. The town's main shopping centre is four and a half kilometres away. Homes are one and two bedroom apartments, some with an additional study, arranged over four floors. Every apartment comes with allocated parking, one space for the one bedroom homes and two for the two bedroom, which is unusual at this price and matters in a town where a car is still useful. Kitchens are individually designed with integrated appliances, bathrooms are contemporary and the ground floor has underfloor heating. Outside the buildings there are allotments, orchards, a wellness garden, a multi use games area and fitness and nature trails through the woodland. High Wycombe is a market town going through a significant regeneration of its centre, with new public space and new commercial floorspace planned. Its real draw for families is education: three grammar schools rated Outstanding sit within five kilometres, along with several Outstanding primaries and two well known independent schools. A new primary school is being built next to the development itself. Bucks New University is four kilometres away and Oxford, Reading and Windsor are all inside a fifty kilometre drive. Rental demand in the town is consistently strong. Ownership is a 999 year lease with a peppercorn ground rent and the homes carry a ten year warranty. The purchase is staged: a reservation fee, then ten percent on exchange within twenty eight days, a further ten percent at six months where completion is more than a year out, and the balance on completion. The estimated service charge runs to about four pounds twenty per square foot a year, and the developer publishes the actual annual figure for each apartment, which is worth reading before committing.
Reference: UK-00007
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