1-bedroom flat · RG22 4FQ
Under offerListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wella House, is a converted office block of one and two bedroom apartments conveniently located within walking distance to local amenities and good bus routes.
This ground-floor apartment has an open plan living kitchen area, you really have everything at your fingertips with a fitted kitchen including appliances such as a washing machine, tumble dryer and fridge freezer.
The bedroom is directly next to the living area and has a light and airy feel to it with the two windows.
Last room in this apartment is the white modern bathroom suite which is tiled and has a heated towel rail. Externally, there is one allocated parking space.
Please note this property is only available to Cash Buyers!
Leasehold details: The lease is 125 years from 1/1/2014 Ground rent is £200/yr Service charge is currently £507.99 per quarter, £2031.96/yr – please note this information will need to be verified by the solicitors.
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
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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
Agent & docs
FAQ
About Wella Road, Basingstoke, Hampshire, RG22
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