2-bedroom terraced house · RG23 7FH
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*shared ownership* *no onward chain* Right Choice Estate Agents are delighted to offer to the market this modern, well presented two bedroom end terrace property, located within the popular Longacre Development.
The ground floor is comprised of an entrance hallway leading to a generous lounge with french doors leading to the garden, fitted kitchen, built in storage and a w/c.
The first-floor benefits from two generous double bedrooms and a family bathroom. Externally, located to the rear of the property is an enclosed garden with a side access gate.
To the right of the property there are two allocated parking spaces.
Location: Longacre is a highly sought-after modern development on the southern edge of Basingstoke, perfectly positioned for those looking to enjoy both countryside surroundings and excellent local convenience.
The town centre is just a short drive away, while Junction 7 of the M3 is easily accessible.
Basingstoke town provides extensive shopping and leisure facilities, along with a mainline railway station offering direct services to London Waterloo.
Tenure: Leasehold with approximately 118 years remaining on the current lease.
Current rent for the 35% share with Heylo Housing is £341.53 per month, with a lease management charge of £27.12 per month and buildings insurance £14.95 per month.
There is also an estate management charge of approximately £34.00 per month. EPC Rating: B. Local Authority: Basingstoke & Deane Borough Council - Band C.
Viewing Details: Strictly by appointment only. Please Contact Right Choice Estate Agents.
Value & comps
No previous sales on record.
Returns
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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 23, Coltsfoot Way, Basingstoke
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