1-bedroom flat · RG24 9FB
Listing removedReduced £40 (−3.6%) on 1 SepListed 65 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3012748. We are pleased to offer this bright and spacious 1 bedroom, 1 bathroom apartment in a great location.
Available long term from late September, it comes unfurnished and includes allocated and visitor parking.
The apartment has a warm sunny aspect with Juliette balconies offering views over communal gardens.
It has a large double bedroom, a large open plan lounge/dining room and well equipped kitchen with white goods. It also has gas central heating to radiators.
Situated close to the hospital and a short walk, or bus ride, to Basingstoke Town Centre and the main line railway station, the property offers excellent access to the ring road and major roads.
Access to the building is via a Security entrance with concierge and there is a bicycle storage area just outside. Council tax band B.
Each applicant will need to meet industry-wide affordability checks and hence have an income of circa £33k per annum. If shortlisted, full referencing will be required prior to a tenancy.
In some cases a guarantor may be needed.
Summary & Exclusions: - Rent Amount: £1,100.00 per month (£253.85 per week) - Deposit / Bond: £1,250.00 - 1 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 25 September 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: C If calling, please quote reference: 3012748 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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.
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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
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FAQ
About Pemberley Place, Priestley Road, Basingstoke
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