2-bedroom flat · RG24 7NJ
Listing removedReduced £4k (−2%) on 17 JulListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EweMove -Offered to the market with no onward chain, this beautifully presented two double bedroom ground floor apartment is set within the well-regarded Elder House development, enjoying a quiet position on the edge of the ever-popular Old Basing village.
The apartment is accessed via a well-maintained communal entrance and opens into a generous central hallway, providing excellent built-in storage and giving access to all rooms.
The layout is practical and well balanced, making the property ideal for first-time buyers, downsizers, investors or commuters.
The living/dining room is a real highlight - a bright, spacious room with plenty of space for both seating and dining furniture.
Large windows allow natural light to flood in, while the feature wall adds character and warmth, creating an inviting space for relaxing or entertaining.
The separate kitchen is stylish and well appointed, fitted with modern units, contrasting worktops, and a range of integrated and freestanding appliances.
Thoughtfully designed shelving and worktop space make this a practical yet attractive room, finished with contemporary flooring and neutral tiling.
Both bedrooms are genuine doubles, each well proportioned and neutrally decorated.
The main bedroom is a calm and relaxing space with room for wardrobes and additional furniture, while the second bedroom works equally well as a guest room, home office or hobby space.
The bathroom has been finished to a high standard, featuring striking patterned floor tiles, metro-style wall tiling, a modern vanity unit with mirrored storage, and a bath with black-framed glass shower screen - giving the room a smart, modern feel.
Externally, the property benefits from allocated parking, along with additional visitor parking, and is surrounded by well-kept communal gardens.
The development itself is peaceful yet conveniently located for access to Old Basing village amenities, countryside walks, Basingstoke town centre, and excellent transport links including the M3, A30 and A33.
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
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FAQ
About 17, Elder House, Basingstoke
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