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See how verdicts work1-bedroom property · RG25 3JE
For saleListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
18 TOWN MILL, KINGSCLERE ROAD, OVERTON RG25 3JE All measurements are approximate A well-presented second floor apartment for the over 60's.
The property offers entrance hall, lounge, bedroom, dining room /study area, kitchen, bathroom and double-glazed windows. On the ground floor you will find a communal laundry and communal lounge.
There is communal parking on a first come first serve basis and gardens that run along the banks of the river Test.
Situated a short walk from the village centre where there are a range of shops, supermarket, pubs and restaurants, sports and recreational facilities, from the centre there are regular bus services to Basingstoke, Andover and the cathedral city of Winchester.
The mainline railway station has fast services to London (Waterloo) via Basingstoke and Salisbury to the west country. The A303 is short drive away linking London M3 (M25) with Southampton westward.
THE ACCOMMODATION COMPRISES COMMUNAL FRONT DOOR Communal security entrance system, stairs and lifts to the second floor.
FRONT DOOR To: - ENTRANCE HALL Airing cupboard, cloaks cupboard, electric storage heater, BATHROOM (Fully tiled) with a modern white suite, panelled bath with shower over and shower screen, pedestal wash hand basin, close coupled wc, heated towel rail, shaver light point, extractor fan.
BEDROOM About 9'6"x 8' Rear aspect, wardrobe set into recess with mirror sliding doors, double glazed window.
LOUNGE About 14'x 9'5" Rear aspect, power points, television point, double glazed window, louver doors to the kitchen, archway to: - DINING / STUDY AREA About 10'9"x 6'3" Rear aspect, double glazed window.
KITCHEN About 9'x 5'6" Front aspect, enamel single bowl sink unit with mixer taps, set in a rolled edge work surface, cupboards and drawers under, free standing fridge and washing machine, built in electric cooker, matching wall cupboards, extractor fan, power points, SERVICES Mains water, drainage and electricity.
LEASEHOLD 99 Years from 1988 SERVICE CHARGE £325 PCM EPC RATING C COUNCIL TAX We understand from the Valuation Office Agency that the property is in tax band 'C'.
VIEWING Only by appointment with Parnell Jordy & Harvey, 5 Winchester Street, Overton, Basingstoke, RG25 3HR.. FOLIO19350 RB131025
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
Agent & docs
FAQ
About 18, Town Mill, Overton RG25
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