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!