2 bed flat for sale

Shrubbery Close, High Wycombe (Walk Of Station) HP13

***investment opportunity - cash buyers only***

due to A legal quirk in the lease, A buyer would not currently be able to secure A mortgage on the property. According to government guidelines, the cost to change the lease and then make the property suitable for A mortgage is in the region of £11,000. The result of this lease change would make the property, ground rent free, mortgageable and worth £250,000.
The owner is in need of A quick sale so they have dropped the asking price considerably to attract A cash buyer.
This is an ideal investment opportunity for someone with cash wanting to add value to A property and makes an ideal rental investment, as in the current market would achieve A rental of £1,400PCM.

Offered to the market with no onward chain is this spacious two bedroom first floor apartment with a large balcony and well maintained communal gardens. The property is located in a sought after, quiet cul-de-sac situated just a short walk of High Wycombe town centre and train station (which connects to London Marylebone in less than 30 minutes). The accommodation comprises: Entrance hall, living room with bay window opening out to a large private balcony, contemporary fitted kitchen (appliances included with sale), two bedrooms, master bedroom with en-suite & built in wardrobe and family bathroom. The property further benefits: Allocated parking (plus x10 visitors bays and additional on street parking available), long lease (975 years remaining), several storage cupboards, gas central heating (boiler last serviced 06/08/24) and double glazing.

Leasehold information:
- lease length: 999 year lease from 2001. 975 years remaining.
- service charge: Service charge has been paid up until 1st September 2025. The charge is typically around £2,000 P.A.
- ground rent: £257.18 paid every 6 months.