Summary - 16 LONGACRE RISE CHINEHAM BASINGSTOKE RG24 8BD
1 bed 1 bath Flat
Compact modern flat with garden and fast broadband, suited to cash buyers or investors.
Chain free one-bedroom flat with allocated off-street parking
This compact one-bedroom flat in Chineham is offered chain free and sits within a modern development close to local amenities and good schools. The accommodation includes an entrance hall, a bright living room, separate kitchen, double bedroom with built-in wardrobe, bathroom and an allocated off-street parking space. The property also benefits from a small garden area and fast broadband — ideal for a single occupant or a rental let.
The flat is leasehold with 57 years remaining. That remaining term is short for mortgage lenders and will likely mean only cash buyers or specialist lending are possible without a lease extension. Annual charges are notable: service charge approximately £1,816.26 and ground rent £90 per year. EPC rating D.
Location strengths include very good local schools, excellent mobile signal and quick digital connectivity, plus nearby leisure and bus services. Crime in the immediate area is reported as high; purchasers should consider personal security measures and factoring this into long-term plans. The building is modern and well-proportioned internally, but prospective buyers should budget for any lease extension costs and routine upkeep tied to the service charge.
This flat suits a cash buyer, a buy-to-let investor aware of lease implications, or someone ready to undertake a lease extension. It represents a low-entry-price opportunity in a largely affluent area, but the short lease is the primary material drawback and will determine finance options and future resale value.
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