£145,000
1 bed flat for saleQueens Road, Farnborough GU14
1 bed
1 bath
1 reception
EPC Rating: E
- Chain free
- Leasehold
Peepal Estate Agents
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About this property
Ideal investment opportunity
One bedroom apartment
Chain Free
Quick Cash Buyers/First time buyers preferred
Tenant in situ
Leasehold: 975 years remaining
Service Charge: £100
Ground Rent: £1 pa
Potential to make 2 bedrooms
Spacious one bed apartment that is ideal for investors with a tenant in situ, or for first time buyers. The apartment is on the first floor above a café, with its own separate entrance accessed by an external staircase. The property is ideally located close to all local shops, schools, and restaurants in North Camp Village, with the train station just a short walk away.
Upon entry there is a large lounge area leading to the very spacious kitchen dining room with all appliances. Recently fitted modern bathroom with shower. A very convenient utility space for washing machine and tumble dryer. A double bedroom with space for plenty of furniture.
This property would make either a fantastic first time investment or addition to an existing portfolio. Current rental value £900 equating to a gross yield of 7.2%.
The apartment is also available with vacant possession once the break clause on the existing tenancy is executed.
EPC rating: E
Tenure: Leasehold
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More information
Tenure
Leasehold (975 years)
Service charge
£100 per year
Council tax band
A
Ground rent
£1
Ground rent date of next review