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SOLD STC

Queens Road, Aldershot

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Share of freehold
  • No onward chain
  • Ideal investment
  • Central Aldershot location
  • On road parking
  • Renewed lease 999 years remaining

Description

A ready made investment for a first time landlord or seasoned portfolio investor with a tenant in situ. Available to buy with no onward chain and with rarely available share of freehold. The property is ideally positioned in central Aldershot near to the shops, amenities and travel connections. Newly renewed lease of 999 years with Share of Freehold. 

The accommodation comprises an entrance hall, spacious living room and separate kitchen, bathroom and two bedrooms. Externally there is a shared garden for residents and on road parking with permits operated by Rushmoor Borough Council.

The property would benefit from modernisation to achieve top flight rent of circa £1,200pcm - works would include a new kitchen, bathroom, replacing the floors and redecorating throughout. However, the property is currently in fair condition with a long standing tenant paying £815 a month. Currently the property as it stands achieves a healthy 5.7% yield, with 8.4% gross yield available subject to scale of improvement works. 

The property is available with vacant possession. 

  • Ground rent £0
  • Service charge: £25 per month building insurance only
  • Current lease: Share of Freehold with a recently extended lease to 999 years

 N/B this property is on the first floor with no lift access. 

EPC rating: C. Tenure: Share of freehold,
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Queens Road, Aldershot

Approximate location

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Affordability

Monthly repayments£803
Property: £ 160,000
Deposit: £ 16,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Belvoir, Aldershot

102 Victoria Road, Aldershot, GU11 1JX

Belvoir is one of the UK's largest property franchise groups, with more than 150 high street offices across England, Scotland and Ireland.

Founded in 1995, the group covers residential sales, lettings and property management, helping buyers, sellers, landlords and tenants at every stage of their property journey.

Each Belvoir office is independently owned and run by local property professionals with direct knowledge of the areas they serve. That local expertise, backed by a national network and 25 years of trading, means clients benefit from both personal service and the resources of one of the UK's most established agency brands.

Whether you are buying, selling, letting or looking to rent, Belvoir combines local market knowledge with rigorous professional standards - all offices operate under a franchise licence that holds them to consistent compliance and conduct requirements.

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Disclaimer - Property reference P1630. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Aldershot. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

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