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Frederick Street, Aldershot

Key features

  • Studio flat
  • Seperate sleeping area
  • Ground floor
  • Potential 11% gross yield
  • Walking distance to town centre
  • Close to Aldershot railway station
  • 80 years remaining on lease
  • Service charge £471 per month
  • Council tax band C
  • EPC Rating to follow

Description

Situated in the heart of Aldershot, within walking distance to the town centre and Aldershot Railway Station, is this well presented ground floor studio flat, with its own sleeping area.

With a potential rental income of £1,000 per month, the approximate gross yield sits at 11% with the approximate net yield sitting at 6%, this could be a perfect buy to let property.

The lease currently stands at 80 years and will cost approximately £10,000 to extend. The service charge has recently risen to £471 due to planned works to the building (to repair the windows, replace the fire doors). This will be reviewed next year. Included in the service charge;
-Water rates
-Building insurance
-Maintenance of the building, gardens and car park
-Bin collection
-Adding to the sinking fund

Whether you are an investor or first time buyer, or looking to downsize, please do give us a call to arrange a viewing.

Brochures

Frederick Street, AldershotBrochure
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Frederick Street, Aldershot

Approximate location

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Affordability

Monthly repayments£478
Property: £ 95,000
Deposit: £ 9,500
Interest rate: 5.36%
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.
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About Fosters Estate Agents, Aldershot

14 Grosvenor Road, Aldershot, Hampshire, GU11 1DP
Industry affiliations:

FOSTERS SALES & LETTINGS

We are local experts in sales, lettings and property management based in Aldershot town centre.

Good communication is the key to a successful property transaction. Our service is proactive, attentive, and reliable, with many testimonials and 5* reviews from our clients. From enquiry to completion, we are dedicated to achieving the best results, whether you're buying, selling, letting, or renting.

The staff at Fosters have a combined experience of many years in the property industry and offer a wealth of both sales and lettings knowledge and expertise. We take the personal approach and our combined experience will ensure everything goes as smoothly as possible.

We understand that everybody has different requirements; no request is too big or too small for Fosters. We want you to feel completely relaxed and confident you are making the right choice. We do not pressure clients into making decisions. We believe that great communication and building a strong rapport is the best way to get excellent results and we will work with you to achieve our combined goals.

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Disclaimer - Property reference 34983343. 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 Fosters Estate Agents, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.