Last homes at Skyline Plaza offer an opportunity for investors

Only three apartments remain for sale at The Heights at Skyline Plaza, the remarkable landmark development in the heart of Basingstoke by Berkeley Homes Southern.

Only three apartments remain for sale at The Heights at Skyline Plaza, the remarkable landmark development in the heart of Basingstoke by Berkeley Homes Southern. Skyline Plaza is proving to be exceptionally popular for rental and the strong yields, coupled with the high quality and outstanding location of these apartments, make these last few homes an outstanding opportunity for property investors.

The remaining high-specification apartments are all very spacious and filled with natural light due to their position on the top floors of the building. All three also offer exceptional value for money; investors can choose from two stylish apartments situated on the top (seventh) floor, a Manhattan apartment priced at £140,000 and a two-bedroom apartment priced at £175,000. On the sixth floor is a fully furnished contemporary interior designed two-bedroom apartment priced at just £185,000 to include all furniture, fixtures and fittings. Each home is ready for immediate occupation and investors can expect to receive a high rental yield in the range of 6.2 to 6.3 per cent.

The strong demand from tenants makes investing in Skyline Plaza a very attractive proposition. Paul Broomham, Regional Lettings Manager at Romans in Basingstoke comments: "We are receiving high volumes of enquiries from tenants specifically requesting Skyline Plaza. In fact, we already have a waiting list of tenants who could instantly occupy these last three apartments."

The smart contemporary architecture, high quality build and proximity to the town centre and station are just a few reasons why Skyline Plaza is especially appealing to tenants.

The rental market comprises young professional couples, often working in central Basingstoke or the City, hailing from across the UK and from abroad. Basingstoke is a vibrant hub for both business and leisure and has one of the highest economic activity rates in the UK. A number of well-known national and international companies have their headquarters or regional offices in the town.

Skyline Plaza is the imaginative conversion by Berkeley Homes of the former IBM Headquarters office building into a high quality residential complex. The 225 stunning private apartments range from studios and ‘Manhattan' suites, through one and two-bedroom apartments to duplex penthouses with panoramic views from the upper floors. Each apartment has a fully fitted kitchen, including a dishwasher, fridge/freezer and washer/dryer in a separate storage cupboard, a fitted bathroom, and pre- wiring for Sky+ with multi-room links. A concierge service, launderette and crèche are planned for the development, together with allocated parking for many of the apartments.

Transport links from Skyline Plaza are excellent. Basingstoke Station, a short walk away, has regular fast trains to London Waterloo in around 44 minutes; Reading and Southampton are also easily accessible by rail. The M3, at the edge of the town, provides easy road access to London, Southampton and Portsmouth. To the west, the A34 provides good access to the North and the M4.

The Heights is the first phase of homes at Skyline Plaza. The next phase, The Tower, will be launched in Spring 2009. Rising to 19 storeys, The Tower will comprise studio and ‘Manhattan' suites, together with one and two-bedroom apartments.

For more information on the remaining apartments at Skyline Plaza, log on to Berkeleyhomes.co.uk.