4-bedroom house · RG24 8XL
For saleReduced £25k (−4.5%) on 6 OctListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extended four bedroom detached house with two storey extension providing excellent family sized accommodation.
This spacious house provides a 20' lounge, generous 15' dining/family room and a large kitchen which is big enough for a table.
Upstairs are four double bedrooms with the master featuring an ensuite shower room. There is also a family bathroom and downstairs is a cloakroom.
Outside is a detached workshop with a window, power and light and a garage which is currently divided to provide a utility area and storage.
There is a front garden and driveway with gated side access to a wide rear garden that has a southerly rear aspect with raised beds, lawned area and flower beds.
The house is situated near the end of a cul de sac within the popular Chineham location to the North of the town close to well regarded schooling.
Locally there is also a public house, convenience store and chemist.
A little further is the Chineham shopping Centre where there is a large superstore and the main town centre provides extensive shopping and recreational facilities from sports centres and museums to an ice rink, indoor sky diving and the shops, bars and restaurants of Festival Place.
There is a mainline railway station with frequent service to London (from 45 minutes) and M3 motorway access at junctions 6 & 7.
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 56, Meadowland, Basingstoke
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