Guide price
£170,000
2 bed flat for saleBembridge Court, Aldershot GU12
2 beds
1 bath
2 receptions
EPC Rating: C
- Chain free
Belvoir Estate & Lettings Agent, Andover
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About this property
First floor apartment
No onward chain
Ideal investment
Extended lease
Central Aldershot
Allocated parking space
Shared gardens
Potential gross yield of 7.5%
Investors only - A spacious first floor apartment with a lease extension in progress, available to buy with no onward chain complications. Currently rented on a twelve month tenancy from October 2024, 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 67 years, with an extension returning the lease to 125 years included in the sale. 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 £1,100 - £1,300pcm, creating a potential gross yield of 7.5%. The current rent is £1,100pcm on a 12 month basis from October 2024.
EPC rating: C.
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