1 bed flat for sale

44 Skippetts Gardens, Basingstoke, Hampshire RG21

For sale by auction on Tuesday, 17 Sep 2024 at 14:00

Venue: Live Stream

First Floor Apartment

Offering to auction, this one bedroom first floor apartment situated in Basingstoke. The accommodation comprises an entrance hall, open plan living kitchen dining room, bedroom and a bathroom. This property is a fantastic investment opportunity. The potential monthly rental income is £975 and £11,700 per year, this offers a potential gross rental yield of 12.3% based on the guide price.

Skippetts Gardens is ideally located within close proximity of the town centre, which offers multiple shopping and recreational facilities including Festival Place shopping precinct, Waitrose, the Anvil Concert Hall, Haymarket Theatre and the mainline station, which offers a regular service to London Waterloo in about 45 minutes. Junction 6 of the M3 is within a few minutes drive.

Auctioneers note
potential yield: We have been advised by a local agent that the potential rental income is £975 per month and £11,700 per year. This offers a gross rental yield of 12.3% based on the guide price.

Accommodation
Entrance Hall

Kitchen/Living/Dining Room: 20' 3" x 12' 1"

Bedroom 9' 6" x 9' 5"

Bathroom

Parking

viewings
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.

Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

Notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

EPC Rating: C79

Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.