6 Bed End Of Terrace House For Sale Alexandra Road, Basingstoke, RG21

£650,000- End Of Terrace

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 29th February 2024

Description

Bridges Estate Agents offer to the market this fantastic investment opportunity with no onward chain. The freehold property consists of four apartments all rented out on an individual basis and bring in an impressive yield! Both ground floor and first floor feature a two bedroom and one bedroom apartment. All of which have recently had new kitchens and bathrooms fitted. The ground floor two bedroom maisonette even features its own garden space.

Flat 1 -Rental income is £775 pcm
Flat 2 - Rental income is £1100pcm
Flat 3- Rental income £895pcm
Flat 4 - Rental income £1200pcm
Total = £3970pcm £47,640pa

\rExternally there are 4 parking spaces, which is 1 per apartment.

Alexandra Road is located within Brookvale Conservation Area and on the doorstep of the pleasant King George V Playing Fields. It is within close proximity to Basingstoke town centre where there is a wide range of shopping and recreational facilities as well as mainline railway station which is well served with regular services to London Waterloo in approximately 47 minutes. The M3 motorway runs just south of Basingstoke with access to London and The South. Closer by there are local schools, a large supermarket, convenience stores and good bus links around the town.

Valuation/Market Appraisal
Thinking of selling or struggling to sell? Get in contact with Bridges your experienced, local agents and book your free Valuation now!
Agent Details
Bridges Estate Agents
35A Winchester Street Basingstoke RG21 7EE

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 6 bedroom property. See more properties like this.

£425,000
Basingstoke, RG21
Terraced
4.4
£650,000
Basingstoke, RG21
Semi Detached
2.7
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested