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1 bedroom flat for sale
Flat 1, Rotherwick Court, 72 Alexandra Road, Farnborough, GU14 6DD
£80,000
Flat 1, Rotherwick Court, 72 Alexandra Road, Farnborough, GU14 6DD
£80,000
Our Summary
- LOT 124 **FOR SALE BY ONLINE AUCTION** on 1st July 2025 Leasehold Flat Investment Situated on Alexandra Road, close to the amenities available in Farnborough Town Centre and travelling facilities including North Camp and Farnborough Train Stations
- A Self-Contained Ground Floor Flat requiring modernisation in a Purpose-Built Block with accommodation comprising: Entrance Hall Living Room Kitchen Bedroom Bathroom/WC Leasehold for a term of 99 years from 28th April 1969 (thus having approximately 43 years unexpired)
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
- Guide prices will be continually updated on our website up until the day of the auction
Description
This leasehold flat investment is situated on Alexandra Road, close to Farnborough Town Centre and various transportation links. The property is a self-contained ground floor flat in a purpose-built block, requiring modernization, and comprises an entrance hall, living room, kitchen, bedroom, and bathroom/wc. The flat is let on an Assured Shorthold Tenancy at £1,250 per month, producing an annual income of £15,000. The lease has approximately 43 years unexpired and is available with vacant possession. The property has an EPC rating of D and is in Council Tax Band B. The guide price is £125,000, and a buyer's fee of £1,200 incl. VAT will be payable to McHugh & Co if the property is sold for over £10,000.