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See how verdicts work2-bedroom flat · RG21 4FQ
For saleReduced £25k (−5.9%) on 21 OctListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Austen Lodge retirement development, this beautifully presented two bedroom Ground floor apartment offers modern, independent living exclusively for the over 60s.
Constructed by the award-winning Churchill Living, the development enjoys a prime position on London Road, opposite the popular War Memorial Park and within easy walking distance of Basingstoke town centre and Festival Place Shopping Centre.
This ground floor apartment with easy access to all the facilities including the car park, features a spacious living/dining room, a contemporary fitted kitchen with integrated appliances, a generous principal bedroom with a walk-in wardrobe plus a second large wardrobe and two generous cupboards and en-suite shower room, a second double bedroom, and a further modern bathroom.
Finished to a high standard throughout, the property has been thoughtfully designed with comfort, convenience with ample storage and security in mind, this apartment is ideal if you are downsizing.
Residents benefit from an excellent range of communal facilities including a welcoming Owners' Lounge with coffee bar, beautifully landscaped gardens, a guest suite for visiting family and friends, lift access to all floors, and a dedicated Lodge Manager.
For added peace of mind, the development also offers a 24-hour Careline system, video entry and security features.
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
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FAQ
About 12 Austen Lodge,, London Road, Hampshire
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