2-bedroom flat · RG21 3NX
Listing removedListed 166 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunningly presented self contained two bedroomed flat with private garden in the Cranbourne area of Basingstoke. Lovely residential cul de sac with easy access to local shops and schools.
Convenient for the town centre, walking and driving. Close to the Brighton Hill shopping centre (Asda) and Bessemer and Winchester Road retail parks.
Own front door on the ground floor leads to internal staircase. The flat is on the first floor, comprising large lounge diner, open plan to kitchen with very large windows at each side.
Attractive vinyl flooring. Fitted kitchen with integral dishwasher, gas hob, electric oven, extractor over, washing machine and fridge freezer. Lots of workspace and units.
Two double bedrooms, both with large wardrobes. Modern bathroom with shower over bath. Private garden with lawn, patio bordered by six ft fences, lockable shed large enough for bike storage.
Plenty of on street free parking.
Gas central heating, fully double glazed, combi boiler Council tax band B EPC rating C Important Notice - the only price shown on this advert is the calendar monthly rental cost of this property.
A holding deposit equivalent to one week`s rent is required on application.
While we endeavour to ensure that all information in these particulars is correct, it should not be relied on as statements or representations of fact and the information does not constitute in whole or in part an offer or a contract.
We do not make any representation or give any warranty in relation to the property. The photographs, plans and text are for guidance only.
Any intending lessee should verify themselves as to the correctness of all the information we provide about each property by their own inspection, searches and enquiries. EPC rating: C.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 249, Cranbourne Lane, Basingstoke
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