2 bed flat for sale

Stiles Yard, Alresford SO24

Light and Modern 2 Bedroom Apartment in the Desirable New Alresford Area.

The rare opportunity to secure a pre-tenanted investment property in the limited and highly sought after area of New Alresford.

This well located and high quality 2 bedroom flat is an excellent opportunity for someone to step into the investment world, or add to a portfolio.
With light and modern design, this property offers well sized living space with integrated fittings, conveniently located just off the main high street and town centre.
The property also benefits from an allocated carport, which is currently rented separately for £85 per month.
Charming complex made up of only a few apartments.

Currently tenanted for a total monthly income of £1,285 per month on a periodic tenancy, looking to stay until late 2025 but with the option to buy with vacant possession. Representing a Gross ROI of 5.2%.

250 years remaining on the lease on renewal in January 2014. Very low combined service charge and ground rent totalling only £1600 per annum.

Call Martin & Co today to view!