4 bedroom block of apartments for sale
Key information
Property description & features
- Freehold investment opportunity
- 1 x One bedroom maisonette
- 1 x Two bedroom split-level maisonette with private garden
- Freehold - No ground rent or service charge
- Currently generating £24,600 per annum
- 7% Rental yield
- Fully refurbished in last 24 months
- Recently replaced UPVC windows and doors
- Excellent condition
- Tenants in situ fully referenced on AST's
Currently, both units are tenanted by fully referenced tenants with impeccable payment histories, secured on fixed-term Assured Shorthold Tenancies. Together, these properties generate an impressive annual income of £24,600, yielding a desirable 7% gross rental yield.
Both properties have been recently refurbished with UPVC replacement doors and windows, as well as stylish kitchens and bathrooms. Each maisonette is equipped with gas central heating and set up on separate utilities and council tax, ensuring low maintenance in the coming years.
We hold a comprehensive document set in branch, including safety Gas and Electrical certifications, payment records, and Tenancy Documents (AST contracts, Deposit Registration (DPS), and References).
This is an exceptional investment opportunity, combining the benefits of freehold ownership with a strong rental yield and minimal upkeep requirements.
Pursuant to the requirements of the Estate Agents Act 1979, we must inform you that the Proprietors of Martin & Co (Aldershot) hold an interest in the freehold title.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 33254939. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co - Aldershot.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 26, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 26, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on November 24, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.