£215,000
(£501/sq. ft)
1 bed flat for saleHoadlands, Petersfield, East Hampshire GU31
1 bed
1 bath
1 reception
429 sq. ft
EPC Rating: C
- Leasehold
Martin & Co Winchester
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About this property
One-Bedroom Ground Floor Flat
Very Smartly Presented and In Good Order Throughout
Modern Kitchen With Integrated Appliances
Spacious Living Room
Good Sized Double Bedroom With Built-In Wardrobe
Allocated Parking Space
Walking Distance To Town and Train Station
Good Investment Potential - £13,200pa Achievable
Clean and Modern Throughout
Tenanted Until February 2026 - Very Strong Letting History
*Investment* - Very smartly presented ground floor apartment, located in the ever popular Moggs Mead location and just 0.5 miles from the Petersfield High Street.
The apartment is very well presented throughout and benefits from a modern, smartly finished kitchen with integrated oven and hob, washing machine, separate fridge and freezer and dishwasher.
The property is currently rented until February 18th, 2026 for £955 per month, giving an income of £11,460 per annum. This in turns equates to a 5.69% return on deposit, and a 4.6% return on cash. This is currently below market value, and a rent of £1,100 can very likely be achieved - This would equate to a 8.6% gross return on deposit, and 6.97% gross return on cash, after interest and management fees.
Further benefits include allocated parking to the side of the property and gas central heating.
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More information
Tenure
Leasehold (149 years)
Service charge
£700 per year
Council tax band
B
Ground rent
Ground rent date of next review