1-bedroom flat · RG24 9JR
For saleListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
49 GANDER DRIVE BASINGSTOKE RG24 9JR All measurements are approximate A ground floor flat in need of complete modernisation.
The property offers communal entrance area, entrance hall, living room, kitchenette, one bedroom, bathroom, electric heating, communal garden and allocated parking.
Situated on the edge of town just off the A339 ring road where there is access to a regular bus service to the traffic free town centre with is good choice of shops and stores sports and recreational facilities and the mainline railway station with its fast services to London Waterloo.
Junction 6 of the M3 is only a short drive away linking London M25 with Southampton and the West Country.
ACCOMMODATION COMPRISES ENTRANCE DOOR TO COMMUNAL ENTRANCE AREA ENTRANCE DOOR TO ENTRANCE HALL Night storage heater, power point, storage cupboard, LIVING ROOM About 15’6”x 11’6”max including kitchen area, electric heater, power points, KITCHEN AREA Stainless steel single drainer sink unit with mixer tap set in a work surface with cupboards, drawers and appliance space under, matching wall cupboards, plumbing for washing machine.
BEDROOM About 8’x 8’ Electric heater, power points, wardrobe cupboard. BATHROOM Panelled bath with shower over, low level WC, pedestal wash basin, airing cupboard.
OUTSIDE Communal gardens, allocated parking space. SERVICES Electricity, water and drainage. Electric heating COUNCIL TAX ‘B’. EPC RATING LEASEHOLD 999 years from 1st January 1993.
966 years remaining. SERVICE CHARGE TBC VIEWING Only by appointment with Parnell Jordy & Harvey, 5 Winchester Street, Overton, Basingstoke, RG25 3HR. . FOLIO 18829 RB15626
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 49, Gander Drive, Basingstoke
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