Summary - 5a, The Parade, Trumpsgreen Road GU25 4EH
2 bed 1 bath Apartment
Chain-free two-bed with immediate rental income close to the station.
Chain-free, currently let at £1,275 pcm
A practical two-bedroom first-floor apartment in Virginia Water Parade, offered chain-free and currently let for £1,275 pcm — well suited to a buy-to-let investor seeking immediate rental income. The flat totals approximately 630 sq ft with a generous living room, a functional kitchen and a modern bathroom; current tenancy can either remain or be ended with two months’ notice.
Key running costs are modest: 2023 service charge £769.50, ground rent £25 pa and council tax band C. The building dates from the 1950–66 period, has double glazing and gas central heating via boiler and radiators. The location benefits from excellent local amenities, a short walk to the mainline station and highly regarded local schools, supporting tenant demand.
The principal material constraint is the lease length — roughly 75 years remaining. Many mortgage lenders are reluctant to lend on shorter leases, and buyers should budget for a lease extension. An additional 90-year extension has been quoted at around £15,000. EPC rated D.
This is a straightforward investment buy: low immediate friction (no onward chain), current rental income, and clear, manageable costs. Prospective purchasers should check finance options given the lease term and factor the estimated extension cost into purchase calculations.
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