Affordable top-floor flat with parking and lease extension underway — suitable for first-time buyers..
- Top-floor one-bedroom flat with allocated parking
- Compact overall size: approximately 398 sq ft
- Chain free, ready for a quicker sale
- Lease 57 years remaining; 90-year extension being undertaken
- Mortgage lenders may refuse until lease extended
- One bathroom with shower over bath; practical layout
- Good access to shops, bus routes and M3/A33
- Local crime rate is high; consider security needs
A compact top-floor one-bedroom flat in Chineham offering an affordable entry to Basingstoke’s market. The flat is small but well-presented, with a double bedroom, sitting/dining area and fitted kitchen. It comes with one allocated parking space and is offered chain-free, making it straightforward to purchase.
The current lease shows 57 years remaining, and the seller is undertaking an extension adding 90 years as part of the sale. Buyers should note lenders often set minimum lease lengths and some mortgage lenders may refuse to lend until the extension is legally completed. Confirm lender acceptance and the timing/cost of the lease extension before committing.
This property suits a first-time buyer seeking a low-price starter home or an investor looking for a straightforward rental in a popular residential area. Local amenities, good school options and easy access to road links add practical appeal, while the flat’s compact size and local crime statistics should be weighed when deciding to view.
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