1-bedroom flat · RG24 8BT
Sold STCReduced £5k (−2.8%) on 16 SepListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EweMove - *astounding value for money, being sold below market value as highly motivated seller* Very large stunning and spacious luxury loft apartment in the sought-after Vyne Park development, which is much larger than normal and open plan in its design.
There is 2 allocated parking spaces. Upon entering, you are greeted by a bright and airy hallway illuminated by two stunning skylights.
This space features two sizeable storage cupboards, adding to the convenience and practicality of the home.
The hallway leads into the open-plan kitchen, lounge, and dining area, which benefits from large windows that flood the space with natural light.
The modern kitchen is equipped with contemporary built-in appliances and ample storage, making it both functional and stylish.
The bedroom is well-designed, offering plenty of storage with its built-in double wardrobe and additional storage cupboard, contributing to the room's practical and organized feel.
The apartment also boasts a luxurious three-piece bathroom suite with high-quality fixtures and fittings, ensuring a touch of sophistication and comfort. Outside there are 2 allocated parking spaces.
Situated in the desirable Vyne Park development in Chineham, this apartment provides excellent access to Reading and the M4 motorway via the A33.
Basingstoke town centre, less than 4 miles away, features the Festival Place shopping centre and Basingstoke train station, which offers a direct mainline service to London Waterloo.
For daily needs, Chineham shopping centre is approximately 2 miles away and offers a supermarket, coffee shop, and various other amenities.
Value & comps
No previous sales on record.
Returns
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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 13, CORBEL RISE, BASINGSTOKE
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