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Investment

Investment To Let Basingstoke

PROPERTY ID: 129769

PROPERTY TYPE

Investment

STATUS

Available

SIZE

0 sq.ft

Key Features

Rare Ground Rent Investment Opportunity
Annual income currently approx £8,550 per annum
Potential to add an additional floor (subject to planning permission)
Close proximity to Basingstoke town centre

Property Details

The Freehold Of The Subject Property Is Available (hp329062) Which Is Subject To The 24 Flats Which Have Been Sold Off On A 125 Year Long-leasehold Basis. These Flats Are Located Over Ground, First And Second Floor Level. The Current Total Ground Rent Income For The 24 Flats Approximately £8,550 Per Annum. In Addition To This, There May Be The Potential (subject To The Required Planning Permission Being Gained) Of Extending And Adding A Further Floor To Rear Of The Building. We Understand There Are 16x 1 Bed Flats, 7x 2 Bed Flats And 1x Studio Flat. Each Flat Pays An Amount Towards A Service Charge And The Building Insurance. Each Flat Is Responsible For Their Council Tax Payments.

About the Agent

Investment Unit

POA

New Street, Basingstoke, RG21 7BT
Investment - Available
0 sq ft
0 sqm
Show phone number

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