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See how verdicts work1-bedroom flat · RG24 8TL
For saleReduced £15k (−20%) on 24 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Parkers & barons A well-presented one-bedroom second-floor apartment for the over 55s, located within the popular Oakfields development in Basingstoke, offering independent living with excellent communal facilities and easy access to local amenities.
This well-presented one-bedroom second-floor apartment is situated within the highly regarded Oakfields development in Basingstoke and is exclusively available for the over 55s, offering comfortable and independent living within a welcoming community environment.
The apartment comprises a spacious hallway with a large storage cupboard, a double bedroom with built-in wardrobe, a modern shower room, a bright and airy living room, and a separate kitchen.
Residents of the development benefit from a range of excellent communal facilities including a secure entry system, lift access, ample resident and visitor parking, a communal lounge, laundry room, and beautifully maintained communal gardens.
The property is located in the quiet residential area of Lychpit, providing convenient access to a wide range of amenities.
Festival Place is approximately 2–2.5 miles away, offering an extensive selection of shops, restaurants, and leisure facilities.
Nearby, Chineham Shopping Centre (around 1 mile) provides further convenience with retailers including Marks & Spencer and Tesco, along with takeaway outlets.
For commuters, Basingstoke Railway Station is approximately 2–3 miles away, offering direct services to London Waterloo in around 45 minutes.
The M3 motorway and A33 are also easily accessible, providing excellent road links.
The location additionally offers easy access to surrounding countryside and nearby villages such as Old Basing, ideal for walks and outdoor leisure.
Council Tax Band A (Basingstoke & Deane) £1483.21 p/a. The above information may be subject to change during the transaction period.
In accordance with anti–money laundering (aml) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an aml check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 33, Oakfields, Basingstoke
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