£210,000
2 bed flat for saleHigh Street, Leatherhead KT22
2 beds
2 baths
- Leasehold
Prime Property Exchange
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About this property
Turnkey Investment Opportunity
8.6% Gross Yield
Generating a 8.6% gross yield, this stylish two-bedroom, two-bathroom apartment in Leatherhead offers investors a high-quality, income-producing opportunity in a sought-after commuter town within Surrey.
Currently let at £1,500pcm (£18,000 per annum), the property provides immediate rental income with strong tenant appeal and excellent long-term capital growth potential in one of the South East’s most desirable locations.
Spanning approximately 622 sqft, the apartment features two double bedrooms, two modern bathrooms (one ensuite), and a bright open-plan living area incorporating a fully fitted kitchen with integrated appliances. The interior is finished to a Good standard, offering both comfort and durability, ideal for professional tenants.
Held on a 125-year lease from August 2010, the property has an EPC rating of C, Council Tax Band C, and has been well maintained by both owner and tenant, requiring little ongoing management input.
Located within Cygnet House (KT22), the apartment is close to Leatherhead train station with frequent services to London Waterloo and Victoria in under 45 minutes, as well as nearby access to the M25 (Junction 9). The area benefits from strong local amenities, including restaurants, shops, and leisure facilities, making it highly attractive to young professionals and commuters.
With its secure tenancy, solid yield, and excellent transport links, this property represents a turnkey investment opportunity combining reliable income with strong long-term capital appreciation potential in the Surrey commuter belt.
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More information
Tenure
Leasehold (109 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review