Tenure: Leasehold
Available to buy with no onward chain, and ideal for both first time buyers and investment purchase is this well presented one bedroom apartment in Mallard Place, Farnborough. The property is perfectly located for nearby commuter links and amenities, and further benefits from well maintained communal gardens.
The first floor accommodation comprises: entrance hall, spacious open plan kitchen/ living room, double bedroom with fitted wardrobes and a modern bathroom. Externally there are landscaped communal gardens and allocated parking.
For investors this property presents an excellent opportunity for a first time investment or to expand an existing portfolio. The property is in good condition throughout, and currently achieves a monthly rent of circa £1,050pcm generating a gross yield of 7.2%
Years remaining on lease: 108
EPC rating: B. Council tax band: B, Tenure: Leasehold, Annual ground rent: £252, Annual service charge: £1391, Service charge description: 116 monthly, Length of lease (remaining): 107 years 7 months,