Flat for sale on

38-34 Victoria Road

Farnborough, GU14

Tenure: Leasehold

A beautifully presented one bedroom apartment that is IDEAL for investors with a tenant in situ, or for first time buyers. The apartment is on the top floor of a recently converted building offering views of the town, and is just a short distance from the mainline train station, shops and restaurants. Also offered with allocated parking and integrated appliances. 

The property has a really light and bright feel thanks to the large windows which run the whole length of the apartment. There is a good amount of cupboard and worktop space available in the kitchen, with integrated appliances including a dishwasher. The rest of the living space is open plan making for a really sociable space. In the bathroom, there is a modern P shape bath with waterfall shower above and a heated towel rail. The double bedroom also has plenty of space for wardrobes and chests of drawers. There are also two handy cupboards for storage. 

This property would make either a fantastic first time investment or addition to an existing portfolio. Current rental value £1,000 equating to a gross yield of 6.6%.

The apartment is also available with vacant possession once the break clause on the existing tenancy is executed.

Annual ground rent: £150

Annual service charge: is £1860 

Lease remaining: 995 years

Please be aware that this building has an EWS1 query as part of the management pack which may affect mortgage lending. Prospective buyers should make their own inquiries with their mortgage lender/advisor regarding the implication of the EWS1 form. Previous transactions in the building have successfully completed following similar inquiries.  

EPC rating: D. Council tax band: B, Tenure: Leasehold, Annual ground rent: £150, Annual service charge: £1860,