Shepherds Spring Lane, Andover, SP10

ATTENTION INVESTORS

Ideally situated in the heart of Andover, this well-presented two double-bedroom, two-bathroom second-floor apartment offers spacious and practical accommodation in a highly convenient location. Offered to the market with No Onward Chain and with a sitting tenant already in occupation, the property represents an appealing opportunity for investors looking to start or expand their portfolio.

The property is currently let at £1,225 per calendar month, providing an immediate rental income stream and representing an approximate 6.68% yield after service charge and ground rent. Water charges are included within the service charge, meaning there is no separate water bill for the property. Service charge and ground rent payments are fully up to date, with no outstanding balance. Further details regarding the tenancy and rental arrangement are available from Austin Hawk.

Located within the modern Trinity House development, the apartment is just a short walk from Andover town centre, providing easy access to a wide range of shops, restaurants, amenities and leisure facilities. The property also benefits from allocated parking, an attractive feature for both owner-occupiers and tenants.

The apartment forms part of a small block of just four properties and provides well-proportioned accommodation throughout, with laminate flooring laid throughout. A central entrance hallway with useful built-in storage leads into the spacious living/dining room, which enjoys pleasant views towards the historic St Mary’s Church.

The separate kitchen/breakfast room offers a practical and sociable space, while accommodation comprises two generous double bedrooms. The principal bedroom benefits from its own en-suite shower room, with a separate family bathroom serving the remainder of the apartment.

Outside, the development provides a communal garden area to the front, together with an allocated parking space conveniently located within the development.

Within its central location, two double bedrooms, two bathrooms, allocated parking, No Onward Chain, existing sitting tenant and immediate rental income, this well-presented apartment offers an attractive combination of convenience, space and investment potential.

Location

Andover provides a wide range of shopping, educational, recreational and leisure facilities, including a college of further education, cinema, theatre and leisure centre. The mainline railway station is approximately half a mile away and provides a direct service to London Waterloo in just over an hour, making the area particularly convenient for commuters.

The nearby A303 also provides excellent road links towards London and the West Country.

Trinity House is ideally positioned off Shepherds Spring Lane, a no-through road close to the town centre, tertiary college, theatre, sports centre and railway station. A range of supermarkets, retailers and fast-food outlets can also be found nearby.

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Accommodation

Communal entrance for access to four apartments. Stairs to the second floor. Porch with entrance into:

Entrance Hallway

Built-in storage cupboard housing a new hot water cyclinder. Doors to:

Living/Dining Room

Spacious dual-aspect living/dining room, offering an excellent space for both relaxing and entertaining. An open archway naturally leads through to the dining area, with a door providing access to:

Kitchen

Attractive fitted kitchen comprising a good range of eye and base-level cupboards and drawers, complemented by work surfaces with tiled splashbacks. Features include an inset composite sink and drainer, inset gas hob with extractor hood over and oven beneath. Integrated washing machine and dishwasher, which has recently been replaced, together with an integrated fridge/freezer.

Bedroom One

Large double room with built-in double doors to wardrobe storage. Door to:

En-Suite Shower Room

Fully enclosed shower cubicle, low level WC and pedestal hand wash basin.

Bedroom Two

Double bedroom with built-in door to wardrobe storage.

Bathroom

Fully tiled walls and flooring. Panelled bath with a shower over, close coupled WC, pedestal hand wash basin and a radiator.

Parking - Allocated parking

Disclaimer

These particulars are intended only as a guide and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are given in good faith but without responsibility. Any intending purchaser should satisfy themselves by inspection or otherwise as to the correctness of each statement. Austin Hawk has not tested any services, appliances or equipment and cannot guarantee they are in working order. Measurements are approximate and should not be relied upon for carpets, furnishings or other purposes.