1 Bed Apartment House For Sale Mallard Place, Farnborough, GU14

£165,000- Apartment

1 of 12
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Last Updated: 16th April 2024

Description

Available to buy with no onward chain, and ideal for both first time buyers and investment purchase is this well presented one bedroom apartment in Mallard Place, Farnborough. The property is perfectly located for nearby commuter links and amenities, and further benefits from well maintained communal gardens. 

The first floor accommodation comprises: entrance hall, spacious open plan kitchen/ living room, double bedroom with fitted wardrobes and a modern bathroom. Externally there are landscaped communal gardens and allocated parking. 

A note for investors:

This property presents an excellent opportunity for a first time investment or to expand an existing portfolio. The property is in good condition throughout, and would achieve a monthly rent of circa £1,200pcm generating a gross yield of 8.7%

Years remaining on lease: 108

EPC rating: B. Tenure: Leasehold, Length of lease (remaining): 0 years 4 months,
Agent Details
Belvoir
18 Bridge Street Andover SP10 1BH

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested