2-bedroom detached house · RG23 7HB
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*DEVELOPMENT OPPORTUNITY WITH NO ONWARD CHAIN* Right Choice Estate Agents are delighted to offer to the market this fantastic opportunity to purchase a detached property with substantial scope for extension and development, subject to normal planning regulations.
The current bungalow could make a great property with some renovation and moderate alterations.
We also believe the existing property could make a fantastic family home, with the right extensions, subject to normal planning regulations.
There is also the potential to separate the existing plot into two and build another detached dwelling next to the existing property, subject to normal planning regulations.
Both properties could share the current access, and both would still be left with a very reasonable garden, to the front and rear.
Location: Situated between Oakley and Overton on the Andover Road the location offers rural living with excellent access to town amenities.
Both Overton and Oakley are known for their welcoming community and charming local pubs. There are also highly regarded schools nearby making this an ideal area for families.
Basingstoke town centre offers a range of restaurants and shops within festival place and has a fast train service to London Waterloo, taking approximately 45 minutes.
Tenure: Freehold EPC Rating: E Local Authority: Basingstoke & Deane Borough Council - Band F Viewing Details: Strictly by appointment only. Please Contact Right Choice Estate Agents.
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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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 Andover Road, Oakley, Basingstoke
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