1-bedroom flat · RG24 8BH
Sold STCListed 368 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EweMove - Modern one-bedroom shared ownership apartment in a popular Chineham development. Full market value £200,000 – available from a 50% share (£100,000).
Stylish open-plan kitchen/living area, double bedroom, and modern bathroom. Buyers can staircase in 10% increments up to full ownership, with rent reducing as shares increase.
Leasehold – 125 years from 2020 (approx. 120 years remaining). Allocated parking and convenient location near Chineham Shopping Centre and commuter routes to Basingstoke and London.
Coliseum Court, 20 Appian Way, Chineham, Basingstoke, RG24 8BH Full Market Value: £200,000 50% share: £100,000 – Rent £273.25 | Service charge £101.29 75% share: £150,000 – Rent £136.63 | Service charge £101.29 Lease: 125 years from 28 August 2020 (approx.
120 years remaining) Further shares available up to 100% ownership If you're looking for a stylish, move-in-ready home in a convenient Chineham location, this beautifully presented one-bedroom shared ownership apartment at Coliseum Court could be the perfect step onto the property ladder.
Step inside and you're welcomed by a bright, spacious hallway with contemporary décor and wood-effect flooring, setting the tone for the modern interior throughout.
There's even space for a small desk or console, ideal for home working.
At the heart of the apartment is the impressive open-plan kitchen, living and dining area — a beautifully designed space perfect for both relaxing and entertaining.
The kitchen features sleek modern cabinetry, integrated oven and hob, and generous counter space, while French doors with Juliet balcony flood the room with natural light.
The double bedroom is generously sized, offering plenty of room for wardrobes and furniture, while the modern bathroom is finished to a high standard with neutral tiling, chrome fittings, and a shower over the bath.
The development itself is well maintained, with allocated parking, secure entry, and attractive communal areas.
Located just moments from Chineham Shopping Centre, local parks, cafés, and commuter routes via the A33 and M3, this home offers the perfect blend of comfort and convenience.
An incoming buyer can staircase in 10% increments up to 100% ownership, with rent reducing proportionally as your share increases.
The premium for staircasing will be based on a RICS valuation at the time of purchase.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Coliseum Court, 20 Appian Way Chineham, Chineham, Basingstoke, Hampshire, RG24
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