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See how verdicts work1-bedroom flat · RG24 9RE
Under offerListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This large ground floor one bedroom maisonette is full of character, being part of the conversion of the old Park Prewett Hospital.
Unusually, it has enclosed gardens to both the front and rear and has an allocated parking space directly to the front. It is offered for sale with no onward chain!
The property is approached by a paved pathway through the front garden leading to a covered porch with the front door opening into a small hallway, which has a large storage cupboard.
All the rooms have high ceilings with the lounge/diner and double bedroom having deep sash windows.
The kitchen has an inset gas hob and built-in oven together with plenty of cupboard and drawer space. The bathroom has a bath with a shower over.
Heating and hot water are provided by a gas fired boiler. The property is leasehold with a 999 year lease dating from April 2007. The service charge for the 12 months to 31st March 2026 is £1,129.80.
The ground rent is £1.00 per annum.
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
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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.
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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 Canadian Way, Limes Park, Basingstoke, RG24
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