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See how verdicts work2-bedroom house · RG21 3NE
No longer listedListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain and available to cash buyers only due to the remaining lease length, this spacious two-bedroom duplex apartment is arranged over two floors, offering well-proportioned accommodation that feels more like a house than a traditional apartment.
Recently redecorated throughout, the property is ready for its next owner and represents an excellent opportunity for those seeking a conveniently located home.
The property also benefits from a garage, providing useful parking or additional storage.
Accessed via the first floor, the accommodation comprises a bright and spacious living/dining room, offering plenty of space for both relaxing and entertaining, alongside a separate fitted kitchen.
Upstairs are two well-proportioned double bedrooms together with a family bathroom, creating a practical layout that suits a variety of lifestyles.
Situated in the popular Kings Furlong area, just off Winchester Road, the property enjoys a convenient position less than a mile from Basingstoke town centre and the mainline railway station, offering direct services to London Waterloo.
A range of local shops, schools and everyday amenities are within easy reach, while nearby Mays Bounty Cricket Ground, playing fields and allotments provide excellent outdoor recreational space.
The M3 is also easily accessible, making commuting straightforward. Please note the property has approximately 46 years remaining on the lease, making it suitable for cash purchasers only.
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
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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 Ashley Lodge, Frescade Crescent, Basingstoke
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