We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · RG24 7JL
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverview House, London Road, Basingstoke, Rg24 7Jl Yieldit are delighted to present a selection of one-bedroom apartments within the popular Riverview House development in Old Basing.
Finished with top-of-the-range appliances throughout, each apartment offers spacious and well-designed accommodation, comprising a modern bathroom, well-appointed kitchen and versatile living space, making them ideal buy-to-let investments.
Six properties are currently available and can be purchased individually or as part of a portfolio, presenting an excellent opportunity for both first-time and experienced investors.
The apartments benefit from no ground rent and low service charges, helping to maximise investment returns.
Located on London Road, Riverview House offers excellent access to Basingstoke town centre, the mainline railway station with direct services to London Waterloo, and the M3 motorway.
Residents also benefit from a wide range of nearby amenities, including shops, restaurants, cafés, leisure facilities and scenic countryside walks.
The historic village of Old Basing provides an attractive blend of village charm and modern convenience.
With strong demand for well-located one-bedroom apartments, these properties offer the potential for reliable rental income and long-term capital growth.
Whether purchasing a single apartment or the full portfolio, Riverview House represents an excellent investment opportunity in Basingstoke's thriving rental market.
Please note, the figures quoted are representative of the properties being self-managed. Lettings and property management charges may apply.
Financial Breakdown Gross Rent: £13,800.00 Net income: £12,920.00 Gross yield: 7.67% Net yield: 7.18% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08596
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
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.
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FAQ
About Flat 4 Riverview House, London Road, Basingstoke
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