2-bedroom flat · RG21 8UF
For saleReduced £10k (−5%) on 26 JunListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chequers - The property is a well presented ground floor apartment set in a block of just 4 apartments.
The accommodation includes communal entrance hall with secure entry system, living room with bay window leading to the kitchen and inner hallway, bathroom and two double bedrooms.
The property also benefits from gas radiator heating and double glazed windows. There is an allocated parking space, on road communal parking and communal grounds.
The property is located in the town centre within easy reach of Basingstoke Railway (Waterloo 45 mins) and Festival Place shopping centre with an array of restaurants.
Communal Entrance: Security entry phone, personal front door to - Living Room: (5.05m x 3.53m plus bay (16'7" x 11'7" plus bay)) Double glazed windows, wall mounted electric fire, radiator, wall light points, t.v aerial point, entry phone system, archway to kitchen, door to inner hall.
Kitchen: (2.74m x 2.13m (9' x 7')) Double glazed window, range of eye and base level units, work surfaces, inset sink, fitted oven and hob with extractor over, plumbing for washing machine, appliance space, wall mounted combi boiler.
Inner Hallway: Wall mounted electric storage heater, airing cupboard.
Bedroom One: (3.07m + wardrobe x 2.92m + bay (10'1" + wardrobe x) Double glazed bay window, radiator, built-in triple wardrobe with sliding mirror doors.
Bedroom Two: (2.90m x 2.59m (9'6" x 8'6")) Double glazed window, radiator.
Bathroom: (2.49m max x 2.13m max (8'2" max x 7' max)) Suite comprising panel enclosed bath with shower over, glass shower screen, low level w.c., pedestal wash hand basin with light over, extractor fan, radiator.
Outside: Communal grounds, allocated parking for 1 car. Lease Details: We have been advised there are approximately 118 years remaining on the lease. Maintenance - £1440.00 per annum.
Ground rent - currently £125.00 per annum until Sept 2043; £250.00 per annum from Sept 2044. Prospective purchasers should clarify these details with their solicitor.
Council Tax: Band C 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
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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
FAQ
About 9 Kingsvale Court, Pittard Road, Basingstoke
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