2-bedroom flat · RG24 8ET
Listing removedReduced £50 (−3.8%) on 22 AugListed 181 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This part-furnished 2-bedroom flat is available to let in a sought-after residential area of Basingstoke, offering convenient access to public transport, local amenities and green spaces.
The property features an open-plan reception room, providing a flexible living and dining area, leading to a kitchen fitted with modern units and including appliances.
Both bedrooms are doubles and benefit from built-in wardrobes, offering practical storage solutions. The flat also enjoys high ceilings, adding to the sense of space, and has the advantage of parking.
The property has an EPC rating of C and falls within Council Tax Band C.
Situated on the northern side of Basingstoke, the flat is well placed for access to local shops, supermarkets and everyday services, as well as nearby walking routes and green spaces for recreation.
Basingstoke town centre offers a wider selection of retail, leisure and dining options, including Festival Place shopping centre and a range of cafés and restaurants.Public transport connections are strong: Basingstoke railway station provides regular services to London Waterloo, typically around 45 minutes, as well as routes to Reading, Southampton and other regional destinations.
Local bus services operate between the surrounding residential areas and the town centre, offering practical options for commuting and leisure.
Road links are also accessible, with convenient routes towards the M3 for onward travel. Available for immediate occupation.
Flood Risk Verification: Please check Utility Information Heating type: Gas Heating Electricity: Mains Electric Water and Sewerage: Mains water Ofcom suggest that Broadband may be available to this property and Mobile coverage may be available on some networks.
Information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker - The property has an EPC Rating C. Council Tax Band C.
Rent excludes the tenancy deposit and any other permitted payments. A Holding Deposit is required to reserve this property which is £300.
This property is available with a standard deposit of £1500 is payable. Minimum household income required to pass referencing is £40,560 per annum.
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
Agent & docs
FAQ
About 36, Elvetham Rise, Basingstoke
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