2-bedroom flat · RG24 8GG
Listing removedReduced £50 (−3.8%) on 10 SepListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unfurnished, modern, two bedroom apartment, close to Chineham Business Park and Chineham Shopping Centre. Only a ten minute drive to the town centre, good location for commuting A33 Reading and M3.
Front entryway leads to hallway, with access to bathroom, bedrooms, and kitchen/lounge area. The kitchen and lounge area has part wooden and laminate flooring.
Coming equipped with gas hob, electric oven, extractor hood, washing machine, and fridge-freezer. Large windows in living room also coming with blinds.
Modern bathroom with electric light up mirror, small shelving unit built into wall and shower over bath. Tiled throughout. Sink with white drawer unit. Bedroom comes modern grey carpets.
**photos are of flats similar within block - viewing advised, please see floor plan attached** Periodic tenancy Gas central heating, fully double glazed 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.
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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 20, Spinnaker House, Lime Tree Way, Basingstoke
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