Studio for sale
Key information
Property description & features
- Tenure: Leasehold (80 years remaining)
- Amazing investment opportunity
- No onward chain
- Great yield of 9.2% with £700 rent
- Walking distance to town centre
- Low service charges
- Close to excellent local amenities
- Close to bus routes
- Close to excellent local schools
ROMANS are pleased to present this ground floor studio maisonette situated within close proximity of the town centre. The property has been recently fully refurbished therefore ready for a potential buyer or a potential tenant to move in immediately with no work required. The accommodation comprises of a kitchen/living room/bedroom, and a separate shower room. Other benefits include electric heating, double glazing, a shared communal driveway with further permit parking on Cliddesden Road and NO ONWARD CHAIN. Viewings are advised by the vendor's sole agents!
This property would achieve circa £700 per calendar month in the rental market making it a great yield of 9.2% after service charges and ground rent.
LOCATION
Greenbanks is situated on Cliddesden Road, which is within half a mile of Basingstoke town centre and all it's many benefits. Festival Place offers a large number of well known shops, restaurants and a 10 screen cinema. With a mainline railway station giving access to London Waterloo in 45 minutes the property is ideally situated for all everyday needs.
TENURE
Leasehold - 80 years remaining
Ground Rent - £100 PER ANNUM
Service Charge - £1600 PER ANNUM which includes Buildings Insurance
Property information from this agent
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Property reference BAS230118. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Romans - Basingstoke.
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Broadband availability and predicted speed: obtained from Ofcom on January 7, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 10, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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