Block of flats for sale in Gordon Road, Aldershot GU11

Just added
Guide price £350,000
Interested in this property? Call +44 1252 943994 * or Request Details

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Block of flats for sale - 4 bedrooms

4 2 2

Tenure:
Freehold
Council tax band:
Not available

Utilities and more details

Property features

  • Freehold investment opportunity
  • 1 x One bedroom maisonette
  • 1 x Two bedroom split-level maisonette with private garden
  • Freehold - No ground rent or service charge
  • Currently generating £24,600 per annum
  • 7% Rental yield
  • Fully refurbished in last 24 months
  • Recently replaced UPVC windows and doors
  • Excellent condition
  • Tenants in situ fully referenced on AST's

Property description

Presenting a unique chance to acquire a freehold investment featuring a two-bedroom, split-level garden maisonette and a ground floor one-bedroom maisonette. Both properties are conveniently held under a single freehold title, eliminating concerns about ground rents or diminishing leases.

Currently, both units are tenanted by fully referenced tenants with impeccable payment histories, secured on fixed-term Assured Shorthold Tenancies. Together, these properties generate an impressive annual income of £24,600, yielding a desirable 7% gross rental yield.

Both properties have been recently refurbished with UPVC replacement doors and windows, as well as stylish kitchens and bathrooms. Each maisonette is equipped with gas central heating and set up on separate utilities and council tax, ensuring low maintenance in the coming years.

We hold a comprehensive document set in branch, including safety Gas and Electrical certifications, payment records, and Tenancy Documents (AST contracts, Deposit Registration (dps), and References).

This is an exceptional investment opportunity, combining the benefits of freehold ownership with a strong rental yield and minimal upkeep requirements.

Pursuant to the requirements of the Estate Agents Act 1979, we must inform you that the Proprietors of Martin & Co (Aldershot) hold an interest in the freehold title.

Property info

28 Gordon Road Floorplan Amended Floorplan.Jpg View original

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For more information about this property, please contact
Martin & Co Aldershot, GU11 on +44 1252 943994 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Martin & Co Aldershot, and do not constitute property particulars. Please contact Martin & Co Aldershot for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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