Bagshot

This latest residential development, completed in February 2022 is the result of an ambitious scheme that has converted an existing commercial property into a modern mix of 79, one-and-two-bedroom apartments. The development is set in a quiet and leafy residential district in Bagshot. It lies just 300m from the A322, and less than 900m from the nearest junction of the M3. This makes it an exceptionally convenient base for commuters: central London is less than 45km to the east, and many other employment hotspots are considerably closer still, namely Reading and Bracknell that house major corporations and large industrial estates.

Investment Highlights 

  • Completed Development in February this year  

  • Strong local rental demand  

  • It is situated on the edge of London’s protected greenbelt and, consequently, much of its surrounds are pleasantly undeveloped: farmland, a nature reserve, golf courses and open land owned by the Ministry of Defence.  

  • Average Rent: £890 pcm 

  • A mixture of studios, small 1 bed’s, larger 1 beds and some 2 beds 

  • Prices start from £190,000 for a studio and £195,000 for a 1 bed and £265,000 for a 2 bed.  

  • Affluent area with high growth potential  

  • 8.4% average annual price growth in the area  

  • Zero ground rent 

  • 250-year lease 

  • Allocated parking included with each apartment  

  • Beautiful communal garden area to the rear and lots of outside space. 

  • Example videos available 

  • Fully tenanted on 12 month AST contracts but they have an optional 6 month break clause that either the tenant or owner can exercise  

  • Short term lets allowed in the lease 

  • NET Yields as high as 12% achievable  

  • Unfurnished but white goods included (Except the Washing machines but these will be included in the furniture packs to buy)  

 

Complete the form below to request more information