A spacious first floor apartment with a lease extension in progress, available to buy with no onward chain complications. Having been rented for a number of years in a popular central Aldershot location, this property would make an excellent first time residential purchase, first time investment or addition to an existing portfolio.
The accommodation offers a great amount of space, including a large living room, separate kitchen, two double bedrooms each with ample fitted wardrobes and a bathroom. Externally there is an allocated parking space and a shared communal garden for residents to enjoy.
The lease is currently 64 years, with an extension returning the lease to 125 years included in the sale for an additional £30,000 added to the sale price. There is an extremely fair annual service charge of £800, and the ground rent is £100 per annum (reviewed annually).
A note for investors: Depending on the level of refurbishment undertaken, this property would achieve between £1,000 - £1,250pcm, creating a potential gross yield of 7.5%.
These particulars have been made in good faith based on the information available to us at the time of writing. Prospective viewers should undertake their own due diligence. EPC rating: C. Council tax band: C, Annual service charge: £800,
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