2-bedroom flat · RG21 3FD
Sold STCListed 147 days
Opportunity summary
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About
Collins Residential is delighted to present this exceptionally spacious and well-appointed two-bedroom first floor apartment , ideally situated within close proximity to Basingstoke town centre, offering convenient access to a wide range of shopping, dining, and leisure facilities, as well as excellent transport links.
The property is within easy walking distance to the train station and provides excellent access to the M4, making it ideal for commuters.
Located in a quiet position at the end of a no-through road, the apartment benefits from a peaceful setting and is not overlooked, enjoying pleasant views over the neighbouring allotments.
The building further benefits from lift access, and the property is pet friendly, making it suitable for a variety of buyers.
Upon entering the property, you are welcomed by a well-proportioned entrance hall providing access to all principal rooms.
The heart of the home is the impressive 20'1" x 13'7" open-plan lounge, kitchen, and dining area.
This bright and versatile living space is perfect for both relaxing and entertaining, benefiting from an abundance of natural light via French doors that open onto a charming Juliet balcony.
The kitchen area is thoughtfully designed, offering ample worktop and storage space, seamlessly blending with the living and dining areas to create a sociable environment.
The master bedroom is a generously sized double room, further enhanced by its own Juliet balcony, creating a light and airy atmosphere.
It also benefits from a private en-suite bathroom fitted with a modern three-piece suite, providing both comfort and convenience.
The second bedroom is also well-proportioned, making it ideal as a guest room, home office, or additional bedroom.
A separate contemporary shower room, fitted with a stylish white three-piece suite, serves the second bedroom and guests alike, ensuring practicality for modern living.
Externally, the property benefits from an allocated parking space, adding to the overall convenience.
The apartment is offered to the market with no onward chain, making it an excellent opportunity for first-time buyers, downsizers, or investors seeking a straightforward purchase.
Leasehold Information: 107 years remaining on the lease Annual Ground Rent: £200 Service Charge: £1,900 per annum Reserve Fund Charge: £416.60 per annum Additional Information: Council Tax Band: C EPC Rating: B LOUNGE/KITCHEN DINING ROOM 4.14m x 6.12m OPEN PLANNED BEDROOM ONE 3.25m x 5.0m FRENCH DOORS TO JULIETTE BALCONY EN-SUITE BATHROOM WHITE THREE PIECE SUITE BEDROOM TWO 2.62m x 3.25m SHOWER ROOM WHITE THREE PIECE SUITE Parking - Allocated parking
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 Russell Road, Fieldways Russell Road, RG21
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