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See how verdicts work3-bedroom bungalow · RG24 7EB
For saleReduced £30k (−6.1%) on 6 OctListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chequers - A detached bungalow set in the popular village of Old Basing.
The property requires full modernisation and offers great potential (subject to planning) for further development and extension.
The current accommodation includes lounge, dining room, three bedrooms, kitchen and bathroom. The garden extends to approximately 200', laid to lawn.
(draft particulars - awaiting vendors approval) before viewing - please be aware the property requires substantial work Entrance Hall: Access to loft space.
Lounge: (3.58m x 3.53m (11'9" x 11'7")) Front aspect, bay window. Bedroom One: (3.56m x 3.20m (11'8" x 10'6")) Side aspect. Bedroom Two: (3.66m#0.61m x 2.51m (12#2" x 8'3")) Front aspect.
Bedroom Three: (2.67m x 2.49m (8'9" x 8'2")) Side aspect. Kitchen: (4.27m x 3.33m max (14' x 10'11" max)) Rear and side aspect, storage cupboards, door to garden, .
Dining Room: (3.58m x 3.56m (11'9" x 11'8")) Rear aspect, fireplace. Bathroom: (1.93m x 1.42m (6'4" x 4'8")) White suite comprising panel enclosed bath, low level w.c., wash hand basin, side aspect.
Gardens: To the front of the property is a lawned garden with mature hedging, driveway to side. The garden to the rear is laid to lawn with mature hedging and trees.
Council Tax: Band E Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Referrals: Chequers will recommend the services of other businesses and may receive a referral fee in some instances where a buyer or seller uses the services of that company.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 62, Hatch Lane, Basingstoke
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