Union Street, Farnborough, Hampshire, GU14
- PROPERTY TYPE
Apartment
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold residential investment block in a prime position directly opposite Farnborough Station
- Comprises a small, highly desirable mixed-tenure building
- Includes four self-contained AST flats producing immediate rental income
- Two additional flats held on long leasehold interests (approx. 83 and 87 years remaining)
- Fully let AST units providing a stable, established income stream from day one
- Clear reversionary potential through future lease extensions and tenure consolidation
- Attractive, manageable investment suited to private or entry-level block investors
- Strong location ensuring consistent tenant demand and long-term rental resilience
Description
The property comprises ownership of the freehold for the entire building, including four AST flats generating consistent rental income and two flats previously sold off on long leasehold interests. This mixed tenure structure provides both stable income and a clear reversionary angle, with scope for future lease extensions and associated capital uplift.
The AST units are currently fully let, providing a dependable income stream from day one. In addition, the leasehold interests present a strategic opportunity for value enhancement over time, particularly through lease extension activity and eventual consolidation of ownership.
This creates a rare opportunity to acquire a manageable, income-producing residential block with built-in asset management upside. It is particularly well suited to private investors or those seeking entry into the block investment market without the complexity of larger portfolios.
Additional benefits include a straightforward layout, low-complexity management, and a highly sought-after location directly opposite Farnborough Station, ensuring strong and consistent tenant demand.
Overall, this is a solid income-producing asset with clear scope to enhance value through strategic lease events and long-term ownership consolidation.
Brochures
Web Details- 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: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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
Union Street, Farnborough, Hampshire, GU14
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About Bourne Estate Agents, Ash Vale
244 Shawfield Road, Ash Vale, Aldershot, GU12 5DJ
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Visit our security centre to find out moreDisclaimer - Property reference ASH260027. 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 Bourne Estate Agents, Ash Vale. 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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