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Union Street, Aldershot, Hampshire, GU11 6 bed block of apartments for sale
Union Street, Aldershot, Hampshire, GU11
£800,000
Union Street, Aldershot, Hampshire, GU11
£800,000
Our Summary
- Representing a fantastic investment opportunity with a 8% yield, the property currently generates in the region of £70,000, increasing in 2027, and is offered to the market with No Onward Chain
- The property also offers potential to increase its accommodation and crate another one bedroom apartment (stpp)
Description
This unique property in Aldershot town centre offers a fantastic investment opportunity, with a commercial shop, Magic Scissor Barbers, and six one-bedroom apartments, generating a 8% yield and currently producing £70,000 in income, increasing in 2027. The property has a deceptive façade and requires viewing to fully appreciate its potential. The split-level layout features a commercial shop on the ground floor, with a long-standing tenant, and five one-bedroom apartments spread across the remaining four floors, each with a fitted kitchen and separate bath/shower room. With potential to increase the accommodation and create another one-bedroom apartment (subject to planning), this property offers a rare and exciting opportunity for investors and developers alike.