£180,000
1 bed flat for saleRiverview House, London Road, Basingstoke RG24
1 bed
1 bath
1 reception
EPC Rating: B
Added on
About this property
Tenanted Investment Opportunity
One Bedroom Apartment
Popular Riverview House Development
Strong Rental Demand
Low Service Charge and No Ground Rent
Long Lease
High Specification Finish
Excellent Location
Riverview House, London Road, Basingstoke, Rg24 7Jl
Yieldit are delighted to present a selection of one-bedroom apartments within the popular Riverview House development in Old Basing. Finished with top-of-the-range appliances throughout, each apartment offers spacious and well-designed accommodation, comprising a modern bathroom, well-appointed kitchen and versatile living space, making them ideal buy-to-let investments.
Six properties are currently available and can be purchased individually or as part of a portfolio, presenting an excellent opportunity for both first-time and experienced investors. The apartments benefit from no ground rent and low service charges, helping to maximise investment returns.
Located on London Road, Riverview House offers excellent access to Basingstoke town centre, the mainline railway station with direct services to London Waterloo, and the M3 motorway. Residents also benefit from a wide range of nearby amenities, including shops, restaurants, cafés, leisure facilities and scenic countryside walks. The historic village of Old Basing provides an attractive blend of village charm and modern convenience.
With strong demand for well-located one-bedroom apartments, these properties offer the potential for reliable rental income and long-term capital growth. Whether purchasing a single apartment or the full portfolio, Riverview House represents an excellent investment opportunity in Basingstoke's thriving rental market.
Please note, the figures quoted are representative of the properties being self-managed. Lettings and property management charges may apply.
Financial Breakdown
Gross Rent: £13,800.00
Net income: £12,920.00
Gross yield: 7.67%
Net yield: 7.18%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08596
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Tenure
Leasehold (999 years)
Service charge
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Ground rent
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