Milkingpen Lane, Old Basing, Basingstoke, RG24
- PROPERTY TYPE
Apartment
- BEDROOMS
14
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Purpose-Built Development Completed In 2023
- Seven Well-Appointed Two-Bedroom Apartments
- Allocated Parking For Residents
- Fully Tenanted With Professional Occupants
- Strong Rental Demand In a Desirable Village Location
- Gross Annual Income Of £130,000
Description
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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Milkingpen Lane, Old Basing, Basingstoke, RG24
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Visit our security centre to find out moreDisclaimer - Property reference GAP260161. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Green and Parry, Byfleet. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.