Flat for sale on

Newport Road

Aldershot, GU12

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 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 £1,000 - £1,250pcm, creating a potential gross yield of 7.5%. 

EPC rating: C. Council tax band: C, Annual service charge: £800,