14 Bedroom Apartment

Milkingpen Lane, Old Basing, RG24 7DL

£2,250,000
14 beds · 78m² New · Added 22 Apr 2026

What this property offers

14 Bedrooms
78 m² floor area
Apartment
D
EPC Rating D

About this property

Freehold Investment Opportunity – Redpender Place, Old Basing, RG24 7DL - £2.25 Million

An 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.

Nearby Properties

Listed by

Pilgrims Sales & Lettings Limited

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Homemove is a trading name of HM Haus Group Ltd (Company No. 13873779, registered in England & Wales). Homemove Mortgages Ltd (Company No. 15947693) is an Appointed Representative of TMG Direct Limited, trading as TMG Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FRN 786245). Homemove Mortgages Ltd is entered on the FCA Register as an Appointed Representative (FRN 1022429). You can check registrations at NewRegister or by calling 0800 111 6768.