Studio for sale

Hightown Road, Ringwood BH24

Well-located studio apartment within walking distance of Ringwood Town Centre, featuring a fitted kitchen opening into a combined living/sleeping area, fully tiled shower room and allocated parking. Offered with no onward chain, a 974-year lease, and strong investment potential with a predicted rent of £650 pcm (approx. 5.8 to 6% gross yield). Ideal first-time buy or buy-to-let opportunity.

A smart and superbly located studio apartment, just a short walk from Ringwood Town Centre, offering an ideal opportunity for first-time buyer or property investor.

The property is entered directly into a well-planned kitchen, fitted with a range of floor and wall-mounted units and equipped with an electric oven, gas hob and extractor hood. There is space for both a washing machine and a fridge freezer, making the layout practical and efficient.

The kitchen opens seamlessly into the main studio area, which provides a versatile living and sleeping space, easily adaptable to suit modern lifestyles. A fully tiled shower room completes the internal accommodation.

Externally, the property benefits from an allocated parking space to the rear - a valuable feature given the central location.

Offered with no onward chain, the apartment is particularly attractive as an investment, with a predicted rental income of £650 per month, delivering an estimated gross yield of approximately 5.8 to 6%. The lease has an impressive 974 years remaining, providing long-term security. Building insurance costs are £893.59 for the building, split between three flats and size-related, with an estimated contribution of approximately £240 per annum.

Early viewing is highly recommended to appreciate the convenience, potential and location this property has to offer.