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See how verdicts work2-bedroom flat · RG24 8EX
Listing removedListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Parkers & barons A two-bedroom first floor retirement apartment for the over 60s, set in the highly sought-after Chineham area of Basingstoke.
Offered with no onward chain, the property requires some modernisation and provides well-proportioned accommodation including a lounge/dining room, kitchen, bathroom, and two bedrooms, all set within well-maintained communal grounds with parking available.
A two-bedroom first floor retirement apartment, exclusively for the over 60s, situated in the highly sought-after Chineham area of Basingstoke.
Offered to the market with no onward chain, this property represents an excellent opportunity for buyers looking to downsize or invest, and is priced to reflect a degree of modernisation required.
The accommodation comprises an entrance hall, two bedrooms, bathroom, kitchen, and a lounge/dining room.
The property enjoys a peaceful position within a quiet, no-through residential road, forming part of a well-maintained development.
Externally, residents benefit from communal parking and beautifully kept grounds, including an attractive pond with fountain, providing a calm and pleasant setting.
Location Farm View Drive is located in Chineham (RG24 8EX), one of Basingstoke’s most desirable residential areas.
The property is approximately 2 miles from Festival Place, offering an extensive range of shops, restaurants, cafés, and leisure facilities.
For commuters, Basingstoke Railway Station is approximately 2.5–3 miles away, providing direct services to London Waterloo in around 45 minutes.
Road connections are excellent, with the M3 motorway accessible within approximately 3 miles, along with easy access to the A33 towards Reading and surrounding commuter routes.
Local amenities are well catered for at nearby Chineham Shopping Centre, which includes a Tesco Superstore, Marks & Spencer, and a range of cafés and services.
Well-regarded schooling in the wider area includes Chineham Park Primary School (approximately 0.5–1 mile away) along with secondary and further education options in Basingstoke such as Queen Mary's College and Basingstoke College of Technology, both within approximately 3 miles.
The area also benefits from easy access to beautiful Hampshire countryside, offering scenic walks, golf courses, historic sites, and traditional country pubs.
Council Tax Band A (Basingstoke & Deane) £1977.62 p/a The above information may be subject to change during the transaction period.
In accordance with anti–money laundering (aml) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an aml check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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 advisers 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
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FAQ
About 50, Farm View Drive, Basingstoke
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