Residential Units, 12 London Street, London Street, Basingstoke | Property for sale | Savills
Guide price £5,000(160.357.831 ₫)

Residential Units, 12 London StreetLondon Street, Basingstoke

  • New
  • Sole agency
  • Freehold
Investment

Key features

  • Of Interest to Investors
  • Freehold Ground Rent Investment
  • Comprising 13 Flats
  • Approx. 120 Years Unexpired
  • Producing a Combined £1,767 per annum
  • Guide Price Reflects 35% Gross Yield

Freehold Ground Rent Investment Comprising 13 Flats with Approx. 120 Years Unexpired and Producing a Combined £1,767 per annum

About this property

  • The property comprises a freehold ground rent investment located in the heart of Basingstoke. Arranged across ground, first and second floors, the property comprises a retail unit to the ground floor (sold off on a 999 year long leasehold). The upper parts comprise 13 residential flats, each let on a separate long leasehold of 125 years from 01/05/2019. The combined ground rent across all units is £1,767 per annum.