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1 bedroom flat for sale
Heathfield, Basingstoke, RG22
£117,000
Heathfield, Basingstoke, RG22
£117,000
Our Summary
- CASH BUYERS ONLY SHORT LEASE
Description
This attractive, ground floor maisonette is a cash buyer's opportunity, offering a gross yield of 8.0% through its current rental income of £800 per month. The property has a leasehold tenure with 58 years remaining, and the cost to extend the lease to 100 years is estimated to be £25,000. With a low ground rent of £30 per annum and no service charge, this one-bedroom property features a private rear garden and allocated parking space. Located in a popular area of Basingstoke, it benefits from easy access to local schools, supermarkets, and transport links. The property comprises a kitchen, large reception room, double bedroom with storage, and a spacious bathroom.