2-bedroom flat · RG21 7QF
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a large two bedroom ground floor retirement apartment built by McCarthy & Stone in a very convenient spot close to Basingstoke’s town centre and railway station.
It has been well looked after and has plenty of space with two double bedrooms (the master has an en-suite and walk-in wardrobe) and a good size lounge/diner with a door to a small outside terrace.
The fitted kitchen has an integrated fridge/freezer and built-in oven and hob. Emma Court offers peace of mind in a secure environment with a house manager and 24 hour emergency call system.
Emma Court communal facilities include a fully equipped laundry room, lift to all floors and a mobility scooter store with charging points.
There is a Homeowners lounge with double doors leading onto a patio surrounded by landscaped gardens.
The camera door entry system ensures peace of mind and help on hand with a 24 hour emergency call system provided by a personal pendant with a call point in the bathroom.
It is a condition of purchase that residents must meet the age requirement of 60 years or over.
Lease details: Ground rent is £250.00 per 6 months, service charge is £350.00 per month the leasehold is 125 years and 3 days from 01/06/2013 (will need to be verified by solicitors)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Emma Court, Southern Road, Basingstoke, RG21
Explore nearby