Studio flat · RG21 8SX
For saleReduced £10k (−16.7%) on 24 SepListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain - Chequers are pleased to offer this purpose built first floor studio apartment, locaed within a popular retirement development with communal receptions, gardens, guest suite and parking.
Easy acccess to local amenities and the town centre, a prompt viewing is recommended. Communal Entrance: Access to first floor, front door to - Entrance Hall: Doors to bathroom and living room.
Living Room: (3.96m x 3.51m (13' x 11'6")) Night storage heater, airing cupboard, t.v aerial point, entry phone, assistance phone, door to kitchen, open to - Bedroom Area: (3.58m x 2.01m (11'9" x 6'7")) Fitted wardrobe, dressing table with drawers below.
Kitchen: (2.06m x 1.93m (6'9" x 6'4")) Range of eye and base level units, work surfaces, single drainer sink unit with mixer tap, electric cooker point, appliance space, wall mounted Dimplex heater, part tiled walls, ceramic tiled flooring.
Bathroom: White suite comprising panel enclosed bath, low level w.c., pedestal wash hand basin, tiled surrounds, extractor fan, ceramic tiled flooring, wall mounted heater, emergency pull cord.
Communal Areas: There is a communal lounge, kitchen and laundry for the residents use. There is also a guest suite. Well tended communal gardens surround the property.
Lease Details: We have been advised there will be a 99 year lease on completion of purchase. Ground rent and service charge - from 01/07/2026 £2588.00 (£215.69 per month).
Prospective purchasers should clarify these details with their solicitor.
Council Tax: Band A Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Referrals: Chequers will recommend the services of other businesses and may receive a referral fee in some instances where a buyer or seller uses the services of that company.
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 15, Westdeane Court, Basingstoke
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