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See how verdicts work1-bedroom flat · RG24 9FB
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** 50% Share *** For sale is this well-presented 50% shared-ownership, one-bedroom apartment in Pemberley Place, just off Priestley Road in Basingstoke.
The property is in Brilliant condition throughout and offers a practical layout suited to first-time buyers or those seeking a low-maintenance home close to key amenities.
The apartment features a generous reception room with neutral décor and good natural light, providing defined space for both seating and dining.
Full-height doors open to the outside, enhancing the sense of space.
The separate fitted kitchen includes ample worktop and cupboard space, with room for the usual appliances and a freestanding cooker.
Located close to Basingstoke and North Hampshire Hospital, the apartment is convenient for healthcare professionals and anyone needing regular access to the site.
Basingstoke town centre is easily reached by bus or car for extensive shopping at Festival Place, restaurants, cinema and leisure facilities.
Nearby green spaces include Winklebury Park and the open countryside towards Sherborne St John.
Transport links are excellent: Basingstoke railway station provides regular services to London Waterloo in around 45 minutes, as well as routes to Reading, Southampton and the South West.
Road connections via the M3 and A339 place surrounding towns within straightforward driving distance. Rent - £281.27pcm Ground Rent - £12.50pcm Services Charges - £169.73pcm
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 Priestley Road, Hampshire
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