2-bedroom flat · RG21 7TY
To rentListed 99 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two double bedroom, two bathroom apartment situated in the heart of Basingstoke town centre.
Offered to the market furnished The property comprises of open plan lounge/kitchen, two double bedrooms, a main bedroom with en suite, family bathroom secure underground allocated parking A two double bedroom, two bathroom apartment situated in the heart of Basingstoke town centre.
Offered to the market furnished The property comprises of open plan lounge/kitchen, two double bedrooms, master bedroom with en suite, family bathroom, balcony and secure underground allocated parking communal front door communal hallway Stairs and lifts to all floor, individual letter boxes.
Front door to hallway Security access phone, electric radiator, storage cupboard and airing cupboard lounge 17' 1" x 9' 2" (5.2m x 2.8m) Double glazed window and double glazed door to balcony, electric wall heater and laminate flooring kitchen 13' 3" x '6'0" (4m x 1.8m) A range of eye and base level storage units with rolled edge work surfaces, integrated oven, four ring electric hob with extractor hood over, washer/dryer machine, dishwasher, fridge/freezer, tiled floor and electric radiator.
Bedroom 1 13' 8" x 10' 8" (4.2m x 3.3m) Front aspect double glazed window and double glazed door to balcony.
There is a double wardrobe and electric storage heater and laminate flooring ensuite Enclosed shower cubicle, low-level WC, vanity wash hand basin, part-tiled wall, extractor fan, wall heater and tiled flooring bedroom 2 10' 4" x 9' 8" (3.2m x 3.0m) Front aspect window, double wardrobe, laminate flooring and electric radiator bathroom Bath with shower over, low-level WC, wash hand basin, electric radiator, tiled walls and tiled floor parking Underground parking for 1 car.
Applications A holding deposit equivalent to 1 weeks rent will be required to reserve the property while referencing checks are being carried out.
With the tenants' consent this holding deposit will be refunded against the first month's rent.
The holding deposit can be retained if the applicant provides false or misleading information, fails Right to Rent checks, withdraws from the property or fails to take reasonable steps to enter into the tenancy.
In accordance with the Tenant Fees Act applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the afore mentioned reasons may result in you losing your holding deposit. An extension to the deadline may be entered into if agreed in writing by all parties.
Right to Rent Checks By law, Right to Rent checks must be carried and as such will be required to provide proof of id and address in accordance with Home Office guidelines.
More information can be found at: Reference Checks and Credit Worthiness All applicants will be subject to a credit check carried out by a 3rd party to check for CCJs and IVAs Applicants will need to provide proof of an income of at least 2.5 x annual rent.
We will also carry out employment checks, affordability checks, previous landlord reference and proof of address history, usually up to 3 years.
Documentation that will be required Passport, driving licence, utility bill dated in the last 3 months (for proof of address) and payslips
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 86, Crown Heights, Basingstoke
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