1 bedroom flat for sale

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1 bedroom flat for sale

Alexandra Road, Farnborough, Hampshire, GU14
£125,000

Our Summary

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

Description

This one-bedroom second-floor flat is being sold as an investment opportunity, with a tenant in occupation paying £750 per month. The property is located in a modern block of six flats, close to amenities and North Camp British Rail station. The flat is leasehold for a term of 99 years, with 58 years unexpired, making it unsuitable for mortgage funding. The freeholder is willing to extend the lease to 125 years for a premium payment, likely costing £10,000-12,000. The current guide price is £125,000, and viewings can be arranged through Pantera Property.
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