2 bedroom flat for sale

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2 bedroom flat for sale

Bembridge Court, Aldershot
£190,000

Our Summary

  • Depending on the level of refurbishment undertaken, this property would achieve between £1,000 - £1,250pcm, creating a potential gross yield of 7

Description

This spacious first-floor apartment is available to buy with a lease extension in progress, offering a hassle-free purchase with no onward chain complications. Located in a popular central Aldershot area, the property provides a great amount of space, including a large living room, separate kitchen, two double bedrooms with ample storage, and a bathroom. The apartment also comes with an allocated parking space and a shared communal garden. The lease is currently 67 years, with an extension to 125 years included in the sale, and the annual service charge is £800, with a ground rent of £100 per annum. The property has the potential to generate a gross yield of 7.5% per annum, making it an attractive investment opportunity, and with an EPC rating of C, it also offers a good balance of rental income and potential for refurbishment.
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