4 bed block of flats for sale

Gordon Road, Aldershot GU11

Presenting a unique chance to acquire a freehold investment featuring a two-bedroom, split-level garden maisonette and a ground floor one-bedroom maisonette. Both properties are conveniently held under a single freehold title, eliminating concerns about ground rents or diminishing leases.

Currently, both units are tenanted by fully referenced tenants with impeccable payment histories, secured on fixed-term Assured Shorthold Tenancies. Together, these properties generate an impressive annual income of £24,600, yielding a desirable 7% gross rental yield.

Both properties have been recently refurbished with UPVC replacement doors and windows, as well as stylish kitchens and bathrooms. Each maisonette is equipped with gas central heating and set up on separate utilities and council tax, ensuring low maintenance in the coming years.

We hold a comprehensive document set in branch, including safety Gas and Electrical certifications, payment records, and Tenancy Documents (AST contracts, Deposit Registration (dps), and References).

This is an exceptional investment opportunity, combining the benefits of freehold ownership with a strong rental yield and minimal upkeep requirements.

Pursuant to the requirements of the Estate Agents Act 1979, we must inform you that the Proprietors of Martin & Co (Aldershot) hold an interest in the freehold title.