Real Estate · For Sale
14 bedroom flat for sale
Price
£2,250,000Location
Milkingpen Lane, Old Basing, Basingstoke RG24 · Basingstoke · RG24 7DL · GB
Bedrooms
14
Type
apartments
About this property
Freehold Investment Opportunity – Redpender Place, Old Basing, RG24 7DL - 2.25 Million
An exceptional opportunity to acquire a modern, income-producing residential investment in the sought-after village of Old Basing. Completed in 2023, Redpender Place comprises a boutique development of seven high-quality two-bedroom apartments, each finished to a strong contemporary standard and benefitting from allocated parking.
The development is fully let, with all units occupied by professional individuals and couples, reflecting the scheme’s strong appeal within the local rental market. The property currently generates a robust gross annual income of 130,000, offering immediate and stable returns for investors.
Redpender Place presents a turnkey investment with no void risk, modern construction, and minimal ongoing maintenance requirements -ideal for investors seeking a secure and well-performing asset.
For further information or to arrange a discussion, please contact the managing agent, James Griffin.
Location
Milkingpen Lane, Old Basing, Basingstoke RG24 · Basingstoke · RG24 7DL · GB