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Studio flat for sale
Flat 820, Churchill Place, Churchill Way, Basingstoke RG21 7AA
£69,500
Flat 820, Churchill Place, Churchill Way, Basingstoke RG21 7AA
£69,500
Our Summary
- For sale on 24 April 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- An excellent investment opportunity to acquire a high yielding property in a modern purpose block of apartments, centrally located and currently generating a most impressive yearly rental income of £10,740
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 24
- Investment opportunity
Description
This is an investment opportunity to purchase a high-yielding studio apartment in a modern block of apartments, located in a central area with easy access to shops, transport links, and amenities. The apartment currently generates a yearly rental income of £10,740 and has a superb yield of 15%+ against the guide price. The property features a car parking space, is close to the main shops, and has a short walk to the railway station with high-speed trains to central London. The apartment is leasehold, with ground rent and service charge review periods to be confirmed in the lease documents. The sale will take place through an online auction with live auctioneers, and bidders must register by 5pm the day before the auction to participate.