Chain-free apartment with balcony, parking and strong rental yield near transport links.
- Minutes from Basingstoke station, ideal for commuters
- Corner balcony with outdoor space and pleasant views
- Allocated off-street parking included
- Compact 365 sq ft open-plan layout, efficient but small
- Current rental estimate £950pcm — approx. 7% gross yield
- Leasehold: 102 years remaining; service charge £2,734 yearly
- Heating via electric storage heaters (may affect running costs)
- Chain free; possible tenant in situ for immediate income
A compact, chain-free apartment set a short walk from Basingstoke rail connections, designed for low-maintenance urban living. The open-plan living area opens onto a corner balcony, and the property includes allocated off-street parking and lift access to all floors. EPC B and fast broadband make the flat attractive to tenants and commuters.
This is a clear investment opportunity: a current rental estimate of £950pcm equates to roughly a 7% gross yield at the asking price. The property can be sold with a tenant in situ for a turnkey rental income, or re-let quickly thanks to its location and contemporary finish.
Practical points to note: the flat is leasehold with 102 years remaining, an annual service charge of about £2,734 and ground rent of £150. Heating is by electric storage heaters, and the total internal area is small (approximately 365 sq ft), so buyers should expect compact living space. Legal and service charge details should be confirmed by your solicitor.
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