We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · RG24 8TL
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chequers - Located within a requirement development (over 55's), a one bedroom second floor apartment with numerous facilities including communal lounge/dining room with kitchen, well maintained terrace and gardens, laundry, lift service, guest suite and a site manager.
The develoment is in a convenient location with local amenities and bus routes.
(draft particulars - awaiting vendor approval) Communal Hallway: Stairs and lift to second floor, front door to - Entrance Hall: Walk-in store cupboard, access to loft space, wall mounted intercom.
Living Room: (5.05m into bay x 3.35m (16'7" into bay x 11')) Front aspect, bay window overlooking communal grounds, night storaage heater, two wall light points, t.v aerial point, coved ceiling.
Kitchen: (2.18m x 1.70m (7'2" x 5'7")) Range of eye and base level units, laminate work surfaces, single drainer sink unit with mixer tap, fitted hob with extractor over, appliance space, part tiled walls.
Bedroom: (3.40m x 2.84m (11'2" x 9'4")) Night storage heater, storage cupboard, t.v aerial point.
Wet Room: Walk-in shower, pedestal wash hand basin, low level w.c., shaver point, extractor fan, tiled surrounds. Communal Areas: There is a communal lounge and laundry area for the residents.
Communal grounds, well maintained, laid to lawn with various flower and shrub borders. Council Tax: Band A Lease Details: We have been advised there are approximately 58 years remaining on the lease.
Awaiting lease information (ground rent, service charge etc) from the vendor.
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 27, Oakfields, Basingstoke
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