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See how verdicts work2-bedroom flat · RG22 4FF
For saleReduced £10k (−4.9%) on 15 SepListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chequers are pleased to offer for sale this 2 bedroom top floor apartment, located in a popular location, close to local amenities.
The accommodation includes lounge/dining room, kitchen, two bedrooms and a bathroom. Further benefits include double glazing, gas radiator heating and two allocated parking spaces.
Communal Entrance Hall: Stairs to third floor landing, storage cupboard, door to - Entrance Hall: Storage cupboards, security phone system, access to loft space.
Kitchen: (3.02m max x 2.97m max (9'11" max x 9'9" max)) Double glazed window, range of eye and base level units, roll edged work surfaces, fitted oven and hob with extractor over, tiled surrounds, single drainer sink unit, appliance space.
Lounge/Dining Room: (5.31m max, 4.50m min x 3.56m max (17'5" max, 14'9") Twin double glazed windows, radiators.
Bedroom One: (3.71m x 3.10m (12'2" x 10'2")) Double glazed windows, built-in wardrobe, radiator. Bedroom Two: (3.89m max, x 3.10m max, 2.77m min (12'9" max, x 10) Double glazed windows, radiator.
Bathroom: White suite comprising panel enclosed bath with shower over and shower screen, vanity unit with inset wash hand basin and cupboards below, low level w.c., tiled surrounds, tiled flooring, radiator, dobule glazed window.
Outside: Communal garden area, bike storage, bin storage. Allocated parking. Lease Details: We have been advsed there are approximately 126 years remaining on th lease (150 years from 01/01/2002).
Ground rent - £274.82 pa - reviewed 01/01, paid in two parts 01/01 - 30/06 and 01/07 - 31/12) Maintenance - £2564.80 pa r reviewed 01/01, paid in two parts 01/01 - 30/06 and 01/07 - 31/12 Prospective purchasers should clarify these details with their solicitor.
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
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FAQ
About 19, Oceana Crescent, Basingstoke
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