1 Bedroom Studio Sold in Basingstoke, RG21
| Reference | 24722 |
| Address |
Flaxfield Court, Basingstoke (Map Location) |
| Beds | 1 |
| Baths | 1 |
| Type | Studio |
| Tenure | Leasehold |
Good sized studio flat in Basingstoke town centre offering a 7.5% yield. Presented in good condition throughout with allocated parking space, 970 yr lease and low service charge.
Description
Good sized studio flat in an excelllent location for Basingstoke town centre and train station.
Flat is subject to an AST of £600PCM from 1st March 2014, offering a yield of >7.5%. Low service charge means net yield is unprecedentedly high making it an excellent BTL investment.
Flat is presented in good condition throughout with a new integral oven cooker and hot water tank. Internal layout is pleasing with desk area, good storage and retractable double wall bed meaning efficient use of space.
Electrical heating and appliances mean maintenance is simple and low cost. The exterior block is tidy and well-maintained with communal gardens to the rear of the flat.
There is also an allocated parking space in a private car park at the front of the building. The flat currently has around 970 years remaining on the lease with a peppercorn ground rent.