Available
High Wycombe – Newly Converted Block of 7 Apartments
2 Bishops Court, Lincoln Road, High Wycombe HP12 3REFreehold Newly Converted Residential Block Investment
Price
£1,395,000
Rent P.A.
£109,200
Yield
7.83%
Tenure
Freehold
Lease Term
4y 8m
Years Left on Lease
4y 5m
Area
3,588 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- SPV can be purchased to minimise stamp duty
- Potential to increase rental income if used as a serviced accommodation
- Comprises four-storey newly converted residential block of 7 apartments
- Includes 6 x 1-Bed and 1 x 2-Bed units
- Benefits from 11 car parking spaces
- Lincoln's Inn Office Village is an attractive courtyard development of 12 mixed-use buildings with associated parking spaces and nearby occupiers including Subway, Screwfix, Takeaway, Offices and many more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises newly converted four-storey residential block of 7 apartments (6 x 1-Bed & 1 x 2-Bed), with the benefit of 11 allocated car parking spaces (5 at front of the building and 6 in the multi-storey car park 100 yards away), providing the following accommodation and dimensions:
Ground Floor:
Flat 1 - 42.10 sq m (453 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Flat 2 - 48.40 sq m (521 sq ft)
Bedroom, Kitchen/Living Room, Study, Bathroom
First Floor:
Flat 3 - 43.30 sq m (466 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Flat 4 - 44.90 sq m (483 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Second Floor:
Flat 5 - 43.30 sq m (466 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Flat 6 - 44.90 sq m (483 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Third Floor:
Flat 7 - 66.50 sq m (716 sq ft)
2 Bedrooms, Kitchen/Living Room,
Study Area, Bathroom
Total net internal area: 333.40 sq m (3,588 sq ft)
Ground Floor:
Flat 1 - 42.10 sq m (453 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Flat 2 - 48.40 sq m (521 sq ft)
Bedroom, Kitchen/Living Room, Study, Bathroom
First Floor:
Flat 3 - 43.30 sq m (466 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Flat 4 - 44.90 sq m (483 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Second Floor:
Flat 5 - 43.30 sq m (466 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Flat 6 - 44.90 sq m (483 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
Third Floor:
Flat 7 - 66.50 sq m (716 sq ft)
2 Bedrooms, Kitchen/Living Room,
Study Area, Bathroom
Total net internal area: 333.40 sq m (3,588 sq ft)
Tenancy Description
Each apartment is at present let on Standard Tenancy Agreement to Clearsprings Ready Homes Limited for a term from 19th December 2024 to 31st August 2029 at a total rent of £109,200 p.a. (£13,200 p.a. for each 1-bed apartment and £30,000 p.a. for the 2-bedroom apartment). Mutual option to determine at any time with minimum 90 days notice.
Tenancies & Accommodation

Location Description
High Wycombe is strategically located on the M40 motorway 30 miles west of Central London and excellent road communications are available to other principal towns in the Greater Thames Valley region. There are very good train services to London Marylebone with a fastest journey time of approximately 25 minutes. Lincoln's Inn Office Village is an attractive courtyard development of 12 office buildings with very good mature landscaping. Nearby occupiers include Subway, Screwfix, Takeaway, Offices and many more.