3-bedroom detached house · RG24 8LU
For saleListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on Merrydown Lane in the sought-after Chineham area, this individual three-bedroom detached home offers exceptionally versatile accommodation, with multiple reception spaces and extensive storage, presenting a great opportunity to create a family home.
The property is offered with no onward chain.
The ground floor provides an excellent amount of living space, with a substantial family room forming the main reception area and opening into a large conservatory, creating a flexible setting for relaxing and entertaining.
A separate dining room provides further reception space, while the fitted kitchen features a comprehensive range of cabinetry, generous work surfaces, and a breakfast bar for informal dining.
Further ground-floor accommodation includes a useful utility room and a well-appointed bathroom, complete with a freestanding bath and separate walk-in shower.
Upstairs, the particularly generous principal bedroom is complemented by its own dressing room, together with a separate fitted kitchen and en-suite shower room.
This area also has its own staircase providing direct access to the ground floor, creating an unusual degree of flexibility and offering excellent potential for use as self-contained annexe-style accommodation, ideal for multi-generational living.
Two further well-proportioned bedrooms are accessed via the main internal staircase. Outside, the property continues to offer excellent versatility.
The garden lies predominantly to the side of the house and features established planting, gravelled areas and pathways, while to the rear is a separate courtyard area.
Ample driveway parking is complemented by an integral carport.
A further standout feature is the detached building, formerly used as a cattery, which has its own independent entrance and includes an office and cloakroom.
This versatile space offers a range of potential uses, whether for those working from home, running a business or requiring additional ancillary accommodation, subject to any necessary permissions.
Merrydown Lane is conveniently situated within the popular Chineham area, with a range of local shops, everyday amenities, leisure facilities and reputable schools close by.
Basingstoke town centre is also within easy reach, providing a wider selection of shopping, dining and leisure facilities, along with a mainline railway station.
The area is well connected by local bus services and road links towards Reading, Basingstoke and the M3.
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 Merrydown Lane, Chineham
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