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See how verdicts work2-bedroom flat · RG25 3JE
For saleReduced £10k (−5.4%) on 26 OctListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming two-bedroom ground floor apartment with no onwards chain, offering direct access to picturesque riverside communal grounds within the desirable Town Mill development in Overton.
This well-proportioned home provides 584 sq ft of internal living space, beginning with a private entrance that leads into a central hallway.
This hallway connects all primary rooms, including a separate shower room equipped with a walk-in shower cubicle, washbasin, and WC.
The heart of the home is a bright 19ft living room, featuring double doors that open directly onto the patio area and the communal car park.
Adjacent to the living room is a separate, fitted kitchen and is arranged with wooden wall and base cabinets, neutral tiled splashbacks, stone-look vinyl flooring, an electric cooker with an extractor hood, a stainless steel sink, and space for under-counter appliances and a fridge-freezer.
The apartment offers two bedrooms.
The principal double bedroom benefits from built-in wardrobe storage, while the second bedroom provides a versatile space, ideal for a guest room, single bedroom, or a dedicated home office.
Set within private, maintained grounds along the River Test, the development includes residents' off-road parking.
The rear of the apartment provides immediate access to manicured lawn gardens running alongside the river, complete with a paved pathway, vibrant flower borders, and a covered wrought-iron gazebo seating area, offering a serene environment to relax and unwind.
The lease for this property has 110 years remaining, with an end date of 18/8/2136. The annual payment of £347.50 for Service Charge including Ground Rent.
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 Overton, Basingstoke, RG25 3JE
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