Lot 102: FREEHOLD TOWN CENTRE INVESTMENT

Available At £295,000 + Fees
11 York Road, Aldershot, Hampshire. GU11 3JG

Currently let at £24,780 per annum

Applicants may view the lot externally only

01489 564606

Mike Marchant/Rob Marchant

Located in Aldershot town centre towards the north of Hampshire, this terraced property has been operating as a licensed HMO since the 1990s. The Seller has enjoyed constant occupancy and maintains the rent levels based on original occupancy thus offering a new owner the scope to increase should they so wish.

The property is in good order throughout having been refurbished in 2019 and is a well maintained investment. It is considered a good addition to an established property portfolio or a stand alone investment with the healthy income it produces.

Ground Floor

Rooms 1 and 2, communal kitchen and utility room.

First Floor

Rooms 3 and 4, Communal bathroom with W.C. and cloakroom with W.C.

Second Floor

Self-contained unit 5 which comprises kitchen, bed/living room and shower room with W.C.

Outside

Communal garden to the rear and small courtyard to the front.

Tenancies

Room 1

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020, at a current rental of £410 per calendar month.

Room 2

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020 at a current rental of £360 per calendar month.

Room 3

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020, at a current rental of £360 per calendar month.

Room 4

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020, at a current rental of £435 per calendar month.

Flat 5

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020, at a current rental of £500 per calendar month.

Viewings

There will be no internal viewings and interested parties are requested not to contact the occupants direct.

Residential EPC: D

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.