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14 bedroom Flat - Milkingpen Lane, Old Basing, Basingstoke, RG24

Milkingpen Lane, Old Basing, Basingstoke, RG24, RG24 7DL
£2,250,000

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14 bedroom Flat - Milkingpen Lane, Old Basing, Basingstoke, RG24 14 bedroom Flat - Milkingpen Lane, Old Basing, Basingstoke, RG24 14 bedroom Flat - Milkingpen Lane, Old Basing, Basingstoke, RG24 1 / 9
Flat
14 Bedrooms
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Parking
🅿️ Parking

Property Description

Freehold Investment Opportunity – Redpender Place, Old Basing, RG24 7DL – £2.25 MillionAn exceptional opportunity to acquire a modern, income-producing residential investment in the sought-after village of Old Basing. Completed in 2023, Redpender Place comprises a boutique development of seven high-quality two-bedroom apartments, each finished to a strong contemporary standard and benefitting from allocated parking.The development is fully let, with all units occupied by professional individuals and couples, reflecting the scheme’s strong appeal within the local rental market. The property currently generates a robust gross annual income of £130,000, offering immediate and stable returns for investors.Redpender Place presents a turnkey investment with no void risk, modern construction, and minimal ongoing maintenance requirements -ideal for investors seeking a secure and well-performing asset.For further information or to arrange a discussion, please contact the managing agent, James Griffin.

Key Features

✓ 14 Spacious Bedrooms
✓ Flat
✓ Prime Location

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🕑 Property history

On Domovita for 2 days
  • 11 Nov 2026 Added to Domovita

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Pilgrims Sales & Lettings

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Independent estate and letting agent in West Byfleet, Surrey, established in 1973. Residential sales, lettings and property management.

6 Park Court, 1-5 Pyrford Road, KT14 6SD
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Property Details

Property Type Flat
Bedrooms 14
Tenure Not provided - ask the agent
Year built 2023
Parking Allocated parking
Price £2,250,000
Council Tax Not provided - ask the agent

Property Ref: #004288

Connectivity in postcode RG24 7DL

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1.8 Gbit/s
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1.4 Gbit/s
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Who lives around this propertyCensus 2021 figures for the small statistical area (LSOA) around this property - by ONS design an LSOA covers roughly 400 to 1,200 households, so this describes the immediate neighbourhood, not this property alone. Owner-occupied includes homes owned outright, with a mortgage, and shared ownership.

Owner-occupied 87% Private rented 10% Social rented 3%

Age profile

Under 15 16%
15-24 7%
25-44 19%
45-64 30%
65+ 28%

681 households in the immediate area

9% of households have no car or van

Source: Office for National Statistics, Census 2021 (Open Government Licence v3.0)

Typical rents in Basingstoke and Deane

Average monthly private rents for the local authority area, from the ONS Price Index of Private Rents (September 2026 figures). These are council-area averages, not street-level figures - rents on any one street can differ. The yearly change compares the same month a year earlier.
Home sizeAverage rent
1 bed £932 pcm
2 bed £1,213 pcm
3 bed £1,471 pcm
4+ bed £2,071 pcm
All homes £1,312 pcm

Source: Office for National Statistics, Price Index of Private Rents (Open Government Licence v3.0)

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