Available for Sale
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Key features
- No Onward Chain
- 2nd Floor Apartment
- Long Lease
- Private Balcony
- Close to Farnborough Station and Town Centre
- Lift in the Block
- Communal Grounds
- Potential Tenant in Situ
- Council tax band: B
- EPC rating (current): 81
- EPC rating (potential): 81
- Tenure type: Leasehold
- Ground rent: £203.9
- Service Charge: £1,959.6
NO ONWARD CHAIN COMPLICATIONS
This well-presented second floor apartment is located in the heart of Farnborough town centre and is also a stone’s throw to the Farnborough Main train line, with no onward chain complications.
The accommodation of this apartment comprises a three-piece shower room, well-proportioned double bedroom, kitchen with ample work surfaces and storage. The living room stretches close to 17ft in length and leads through to a private balcony.
As well as this property being ideal for first time buyers, it is also an ideal purchase for investment buyers with there currently being a tenant in the property and the potential yield of 7.2%.
The property is leasehold with 108 years remaining on the lease, as of February 2025. The service charges are £163.30 per month and the ground rent is £203.90 per year.
Calloway House and Farnborough - the local area
Farnborough is a residential town surrounded by excellent schools, pubs and parks giving the area a great sense of community. Farnborough is especially popular with families and commuters due to its direct line straight to London Waterloo and it being well situated for the M3 motorway.
Farnborough is also famous for its biennial air show, which attracts many aviator fans.
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