2-bedroom flat · RG23 7QS
For saleReduced £13k (−4.6%) on 6 OctListed 459 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated on the top floor of a well maintained development, this spacious and well presented two bedroom flat offers modern living in a quiet yet convenient location.
Description Situated on the top floor of a well maintained development, this spacious and well presented two bedroom flat offers modern living in a quiet yet convenient location with allocated parking for the property, it's an ideal first home or investment, with the potential of no onwards chain this property is not one to miss out on.
The property features a large kitchen/diner perfect for entertaining along with two generous double bedrooms, loft space, a stylish family bathroom and ample built in storage throughout.
Additional benefits include one allocated parking space and ample additional parking and the reassurance of being under NHBC warranty offering peace of mind for years to come.
Ideal for first time buyers, professionals, or investors alike, this home combines space, style and practicality.
Hounsome Fields is one of the newest development in the area, new, quiet and well maintained and is situated on one of Basingstoke`s premier developments gives you access to M3 junction 7, A303, A30 and A33, along with the mainline railway to London Waterloo from Basingstoke Town Centre.
Local doctors surgery, chemist and retail parks are close to hand with the main shopping centre Festival Place a short drive away, offering diverse shopping and restaurant dining.
Agents Note The Land Registry title has yet to be updated with the Vendor’s details. Please ask the branch for more details.
Entrance Hall Double glazed window to side, storage cupboards Kitchen/Lounge 25' 5" x 13' 9" max ( 7.75m x 4.19m max ) Two double glazed windows to front, double glazed window to rear, double glazed french doors to rear, integrated fridge freezer, integrated dishwasher, electric oven and gas hob, integrated washing machine.
Bedroom One 14' 3" x 9' 2" ( 4.34m x 2.79m ) Double glazed window to rear, with ample room for an inbuilt wardrobe within an alcove.
Bedroom Two 14' 5" x 10' 6" ( 4.39m x 3.20m ) Double glazed window to rear, loft space Bathroom Panel enclosed bath with mixer tap, low level wc, wash hand basin Outside Parking Allocated parking space and visitor parking We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
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.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 5, Fritillary House, 4, Copper Place, Basingstoke
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