2-bedroom detached house · RG23 7AS
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Versatile two bedroom Detached Bungalow in Oakley, RG23, nestled in the quiet and highly regarded cul-de-sac of Blackwater Close, this detached bungalow offers a fantastic opportunity for those seeking single-level living in the heart of Oakley.
Spanning a total internal area of approximately 1,143 sq ft (including the garage), the property features a well-balanced layout with significant potential for modernization and improvement to suit a buyer's individual taste.
The property centers around a living room that flows seamlessly into a separate dining area, creating an open and social environment.
To the front, the kitchen/dining room is fitted with traditional oak-style cabinetry and counter space, featuring a large window that overlooks the front garden.
The kitchen provides a practical workspace with integrated storage and room for essential appliances, making it a functional heart of the home.
The accommodation includes two well-proportioned bedrooms, both of which have convenient access to the impressive conservatory, stretching across the side of the bungalow, the conservatory acts as an additional reception room or sunroom, offering panoramic views of the garden.
The bedrooms are served by a central shower room and a separate guest cloakroom/WC. Blackwater Close is set on a generous plot with wrap-around outdoor spaces.
The front garden is primarily laid to a level lawn, beautifully accented by a mature flowering cherry tree and a paved path leading to the entrance.
A private driveway provides off-road parking and leads to the integral garage. The rear garden is a private, sunny sanctuary.
It features a broad level lawn bordered by mature hedging and timber fencing, ensuring a high degree of privacy.
A paved patio area adjacent to the bungalow and conservatory offers a wonderful space for alfresco dining, while the side garden provides further potential for landscaping or vegetable beds.
Value & comps
No previous sales on record.
Returns
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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 Blackwater Close, Oakley, Basingstoke, RG23 7AS
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