14 Grosvenor Road
Aldershot
Hampshire
GU11 1DP
Frederick Street, Aldershot
£95,000
1 Bedroom Studio
- Studio flat
- Seperate sleeping area
- Ground floor
- Potential 11% gross yield
- Walking distance to town centre
- Close to Aldershot railway station
- 80 years remaining on lease
- Service charge £471 per month
- Council tax band C
- EPC Rating to follow
Situated in the heart of Aldershot, within walking distance to the town centre and Aldershot Railway Station, is this well presented ground floor studio flat, with its own sleeping area.
With a potential rental income of £1,000 per month, the approximate gross yield sits at 11% with the approximate net yield sitting at 6%, this could be a perfect buy to let property.
The lease currently stands at 80 years and will cost approximately £10,000 to extend. The service charge has recently risen to £471 due to planned works to the building (to repair the windows, replace the fire doors). This will be reviewed next year. Included in the service charge;
-Water rates
-Building insurance
-Maintenance of the building, gardens and car park
-Bin collection
-Adding to the sinking fund
Whether you are an investor or first time buyer, or looking to downsize, please do give us a call to arrange a viewing.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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