Ready-to-let two-bedroom flat with strong yield potential near local amenities.
Two double bedrooms and spacious lounge, about 862 sq ft
Newly refurbished internally, ready for immediate let
Potential circa 11% yield quoted (investor projection)
Leasehold tenure — check ground rent and lease length
EPC rating D; glazing install date unknown
Cavity walls as built, insulation likely absent (assumed)
Located above shopping centre — convenient but retail noise possible
Very low council tax band; fast broadband and good amenities
A newly refurbished two-bedroom apartment located above Cheveley Park Shopping Centre, offered as a clear investment opportunity in DH1. The flat extends to approximately 862 sq ft, with two double bedrooms, a spacious lounge, kitchen and bathroom, plus some outside space. Its recent refurbishment makes it ready for letting with minimal immediate works.
Projected rental performance is a key selling point: marketing information cites a potential 11% yield, supported by a low council tax band and fast broadband — attractive factors for buy-to-let investors. The property sits in an affluent, low-flood-risk area with good local amenities, schools rated Good nearby, and public transport links close to hand.
Important practical notes are disclosed plainly: the property is leasehold, the EPC rating is D, and glazing install date is unknown. External construction dates to the 1950s–1960s and walls are cavity as built with assumed no added insulation — further thermal improvements may be needed to maximise long-term running costs and EPC performance.
This apartment suits an investor seeking an easy-to-manage rental asset in a well-served neighbourhood. Consider budgeting for energy-efficiency upgrades and checking lease terms and local management arrangements before purchase.