Property Details: - Type: Studio - Bedrooms: 0 - Bathrooms: 1

Agent: First for Auctions - National Phone: 01344 527052

Positioned within easy reach of Basingstoke town centre, this one bedroom apartment at Greenbanks, presents an immediate income generating opportunity, with a tenant already in situ paying £750 per calendar month. Based on the guide price the property offers an attractive gross yield of approximately 15%, making it a compelling prospect for investors seeking strong returns from day one.<br/><br/>Cliddesden Road is conveniently located for access to Basingstoke town centre, with its extensive shopping and leisure facilities, as well as the mainline railway station offering direct services to London Waterloo. The area remains popular with renters due to its connectivity, employment opportunities, and range of local amenities, supporting consistent demand for well-positioned apartments of this nature.<br/><br/>Please note: The apartment is below 30 square metres, which may restrict lending options, making this an ideal opportunity for cash buyers.