2-bedroom flat · RG23 7GU
For saleListed 890 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Island View is a luxury retirement property designed for Over 60's and is situated within easy reach of the local amenities.
This ground floor apartment is beautifully decorated and on the favoured garden side of the development and comprises a large entrance hall that leads to the spacious lounge with ample dining space, fully fitted kitchen with built in appliances including: dishwasher, eye level cooker and hob.
The main bedroom is an excellent size with a walk in wardrobe fitted with shelving and rail hanging space. There is a second double bedroom, both bedrooms have a pleasant view over the garden.
The bathroom is well appointed with a shower enclosure, sink and toilet. The apartment further benefits from a utility cupboard with additional storage and space for a washer/dryer.
Island View is a modern development, built 18 months ago with the NHBC warranty in place with 8 years remaining.
This development benefits from an onsite warden, communal lounge with kitchenette, guest suite, communal garden space and a designated parking bay.
The property is fully accessible for disabled residents and wheelchair users and there is lift access to all floors.
In the nearby locality there is a bus stop that provides regular transportation around the town as well as a doctors, dentist surgery, pharmacy, convenience store and a family friendly pub nearby
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 Shortwood Copse Lane, Basingstoke, Hampshire, RG23
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