01256 819491
Basingstoke, Hampshire Estate & Letting Agent

Merton Rise, Basingstoke, Hampshire

Asking Price £165,000

  Back to property listings
Merton Rise, Basingstoke, Hampshire - Picture 1Merton Rise, Basingstoke, Hampshire - Picture 2Merton Rise, Basingstoke, Hampshire - Picture 3Merton Rise, Basingstoke, Hampshire - Picture 4Merton Rise, Basingstoke, Hampshire - Picture 5

 1 Bedroom      1 Bathroom       1 Reception

 Flat/Apartment - Leasehold

 5 Photos

 Basingstoke

  Request viewing   Request callback   Mortgage request   Floorplan   EPC   Street view   Location map   Print
Merton Rise, Basingstoke, Hampshire - Print - Picture 1
Merton Rise, Basingstoke, Hampshire - Print - Picture 2
Merton Rise, Basingstoke, Hampshire - Print - Picture 3
Merton Rise, Basingstoke, Hampshire - Print - Picture 4
Merton Rise, Basingstoke, Hampshire - Print - Picture 5

Key Features

  • Realistically priced investment opportunity with tenant in situ
  • One bedroom purpose built apartment
  • Generous living room with balcony off
  • Comprehensively fitted kitchen with appliances
  • Modern bathroom
  • Gas fired central heating & double glazed
  • Allocated parking bay
  • Popular residential location
  • 6.18% gross annual return at current rent received

Summary

INVESTMENT OPPORTUNITY WITH TENANT IN SITU..... GROSS ANUAL RETURN OF 6.18%. White & Russell are pleased to bring to the market this purpose built one bedroom apartment with a generous sized open plan living room with comprehensively fitted kitchen with appliances. This property benefits from gas fired central heating & double glazed windows & doors throughout and has an allocated parking space. Situated within a popular modern residential area. Please contact us for any further details or to arrange a viewing.


Full Description

Reference: WHR1000970

Tenant information

Tenant/s Fees & Deposits Post Tenant Fee Ban Act 1st June 2019 are set out below:

To proceed with any property, it will be required to place a reservation fee being equivalent to one weeks rent. This would be forfeited if any referencing application is declined due to undeclared information having a direct influence.

Full tenancy security deposit is Five weeks equivalent rent, where this will be registered into the agents DPS account (Deposit Protection Scheme) throughout the tenancy.

The landlord has the right to charge for rent that is late beyond 14 days, where this is calculated at 3% above the Bank of England base rate at that time.

Any addendum to any existing contract at the request of the tenant/s will be charged at £50.00, where this covers the cost of this being implemented. This includes the position whereby any change or substitute tenant/s is administered.
Early Termination (Tenant/s request) Should the tenant wish to leave their contract early they shall be liable for the landlord's costs in re-letting the property as well as all rent due under the tenancy agreement until such time as the replacement tenancy commences or their existing agreement expires, whichever occurs first.
Lost Key/s and any other Security Device/s: Tenants will be liable for the actual cost of replacing any lost key/s or other security devices/s. If this loss results in locks requiring to be changed, then this actual cost is also the liability of the tenant/s.

White & Russell are registered members of The Property Ombudsman for the requirement of any recourse required and are also registered with CMP (Client Money Protect) which provides security against any funds transacted via our Lettings Client Account.

Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Contact White & Russell for more details

 5 Cowdery Heights, Basingstoke, RG24 7AN    |     01256 819491   |    sales@whiteandrussell.co.uk

Portals