1-bedroom flat · RG23 7GU
For saleReduced £40k (−15.4%) on 21 JunListed 494 days
Opportunity summary
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About
A very well presented apartment situated on the ground floor of the popular McCarthy Stone Retirement Living development, Island View.
The apartment boasts a modern kitchen, contemporary shower room, and a spacious through Lounge Dining room benefitting from having direct access to a patio seating area and the communal gardens beyond.
Development Summary This stunning development of 45 one and two bedroom retirement apartments is located on Shortwood Copse Lane, in the residential suburb of Beggarwood in Basingstoke.
Island View has been exclusively designed for the over 60's, offering everything you need to enjoy an active and independent retirement, benefitting from living in your own home, free from the worries of outside maintenance or gardening and with like-minded retirees as neighbours.
The stunning communal lounge opens out to a large south facing terrace a perfect space to relax or socialise. Visiting friends or family can book into the development's guest suite.
Peace of mind comes from a 24 hour emergency call system, should assistance be required day or night.
There is also the added support that comes from having a dedicated House Manager during office hours to oversee the efficient running of this lovely development.
Local Area Island View is positioned in a sought-after suburban location on the edge of Basingstoke and has excellent transport links, yet is still surrounded by peaceful countryside.
Numerous retail parks are dotted around Basingstoke and close to Island View, with a Lidl, Asda, Tesco and Morrisons all within a 10 minute drive away.
The local Sainsbury's can be reached in 4 minutes by car or 15 minutes by foot, while a Co-operative Food and Boots pharmacy is just a 3 minute walk away.
Entrance Hall Large entrance hall with a useful walk-in utility cupboard, shelving and storage space.
Illuminated light switches, apartment security door entry system and intercom and emergency call system. Doors lead to the living room, bedroom, and the shower room.
Living Room With Patio A bright and spacious through living/dining room benefitting from a glazed patio door with window to side opening to a wonderful patio seating area and the communal gardens beyond.
TV and BT points, Sky & Sky+ connection point, ceiling lights, fitted carpets and raised electric power sockets. Part glazed door leads into a separate kitchen.
Kitchen A modern and thoughtfully designed fitted kitchen with an extensive range of base and wall units and drawers in a high gloss finish with contrasting work surfaces.
Modern 'Blanco' anthracite composite sink unit with mono lever tap and drainer with an opaque glass splash back, sits below the window which overlooks the communal gardens.
Waist level electric oven with space for microwave oven above, ceramic hob, stainless steel cooker hood and integral fridge freezer, integrated dishwasher.
Bedroom Superbly spacious double bedroom with a large walk-in wardrobe housing rails and shelving. Ceiling light, TV and phone point, and double glazed window overlooking the communal gardens.
Shower Room Partially tiled and boasting a glazed shower cubicle with thermostatically controlled shower unit, close coupled WC, vanity unit with inset wash hand basin with chromed lever mixer tap, mirror with light and shaver point and chrome ladder style heated towel rail.
Car Parking This apartment benefits from having it's own parking space.
Service Charge (Breakdown) • Cleaning of communal areas and windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24-hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance Service charge £2,997.77 per year until 28/02/2026, the service change does not cover external costs such as your Council Tax, electricity or TV, but does include the cost of your House Manager.
To find out more about the service charges please contact your Property Consultant or House Manager to find out more.
Lease Information Lease Length: 999 years from January 2021 Ground Rent: £495.00 per annum Ground Rent Review date: January 2036 Additional Information & Services • Ultrafast Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage ** Entitlements Service** Check out benefits you may be entitled to, to support you with service charges and living cost's.
** Part Exchange ** We offer Part-Exchange service to help you move without the hassle of having to sell your own home.
** Removal Service** Get a quote from our Partner Removal Service who can declutter and move you in to your new home.
** Solicitors** Get a quote from our panel solicitors who have dealt with a number of sales and purchases and therefore familiar with the McCarthy Stone set up.
For more information check our webpage additional services or speak with our property consultant
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 7 Island View, Shortwood Copse Lane, Basingstoke
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