1 bedroom flat for sale

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1 bedroom flat for sale

Alexandra Road, Farnborough, Hampshire, GU14
£110,000

Our Summary

  • Investment / Cash buyers only - a one bedroom second floor flat being offered with tenant in occupation

Description

This is a one-bedroom second-floor flat located in a modern block of six flats, close to amenities and North Camp British Rail station. The property is leasehold for a term of 99 years, with 58 years remaining, making it unsuitable for mortgage funding. The freeholder is willing to extend the lease to 125 years for a premium payment, which is estimated to cost between £10,000 and £12,000. The current tenant is holding over on an AST and paying £795 per month. The property is being sold with a guide price of £110,000 and is only suitable for cash buyers or investors. Viewings can be arranged through Pantera Property.
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