Summary - 84 FLAT 2 CONNAUGHT ROAD FLEET GU51 3LP
8 bed 4 bath Detached
Town-centre four-flat investment with six garages and immediate rental potential..
Freehold block of four x 2-bed apartments
Potential gross rental income c.£60,000pa (approx. 7% yield)
Six garages plus communal garden on 0.29 acre plot
Vacant possession — no chain, immediate possession possible
EPC ratings currently D–E; energy upgrade likely needed
Electric storage heating; heating upgrade may be required
Built c.1976–82 — likely cosmetic and systems refurbishment needed
Local area: town centre location, good schools, recorded higher crime
An uncommon freehold investment in Fleet: a four-flat block (four x 2-bedroom apartments) on a 0.29 acre plot, offered with six garages and communal garden. The property is vacant with no chain and presents an estimated gross rental income of around £60,000 per year (c.7% yield at the asking price), giving immediate lettings potential for a buyer wanting income from day one.
The building dates from the late 1970s/early 1980s and currently uses electric storage heating; EPCs sit in the D–E range. These factors, together with the older heating and double-glazing of unknown age, indicate likely short-to-medium-term maintenance and energy improvement costs — ideal for a buyer prepared to refurbish to increase rental value and reduce ongoing bills.
Location is a key strength: central Connaught Road position close to Fleet high street, local parks, outstanding primary schools and the station with regular trains to London Waterloo. The six garages and on-site parking are a rare asset for town-centre flats and add flexibility for owners or renters.
Note the local data: very affluent area but recorded higher crime locally; purchasers should factor management requirements for multiple units and budget for upgrades (insulation, heating, EPC works). The sale is freehold with vacant possession, which simplifies immediate redevelopment, lettings or resale plans.
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