1-bedroom house · RG24 9FN
Listing removedListed 73 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and spacious one-bedroom studio house, ideally situated within the popular Marnel Park development and benefiting from two allocated parking spaces.
The accommodation is arranged over two floors and comprises: Ground Floor: Bright and spacious open-plan living area with laminate flooring Fitted kitchen with built-in oven and hob, fridge/freezer and washer/dryer Convenient downstairs cloakroom First Floor: Generous double bedroom with a separate dressing area and wardrobe Chest of drawers Double-glazed patio doors opening to a Juliet balcony En-suite shower room Further benefits include gas radiator central heating, double glazing throughout and two allocated parking spaces.
The property is conveniently positioned for a range of local amenities and is within easy reach of Basingstoke Hospital.
Regular bus services provide access to Basingstoke town centre, with its extensive shopping and leisure facilities at Festival Place, as well as Basingstoke railway station with direct services to London Waterloo.
Deposit: £1,240.38 EPC Rating: C Council Tax Band: B
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Merryweather Way,Basingstoke,RG24
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