1-bedroom flat · RG21 5NS
Sold STCListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARKERS & BARONS A charming and characterful top floor apartment, ideally located within easy reach of Festival Place and Basingstoke Railway Station.
This well-presented property offers a spacious dual-aspect open plan living area with a refitted kitchen, a generous bedroom, and allocated parking, making it an ideal first-time purchase or investment opportunity.
A well-presented and characterful top floor apartment, ideally positioned within easy reach of Basingstoke town centre, offering spacious and versatile living accommodation along with excellent access to local amenities and transport links.
The property is accessed via a communal entrance hall with stairs rising to the top floor landing. The private entrance opens into a welcoming hallway which provides access to all rooms.
There is a spacious, dual aspect open plan lounge and refitted kitchen, offering a bright and airy living space ideal for both relaxing and entertaining.
The property further benefits from a refitted bathroom and a generously sized dual aspect double bedroom.
Additional features include a communal basement providing useful storage space, as well as allocated parking for one vehicle located to the rear of the property.
The apartment is ideally suited to first-time buyers, investors, or commuters seeking convenient town centre living.
Location Tallyho Lodge is situated approximately 0.5 miles from Festival Place, offering an extensive range of shops, restaurants, bars, and leisure facilities.
Basingstoke Railway Station is also within close proximity (approximately 0.6 miles), providing direct services to London Waterloo in around 45 minutes, making it ideal for commuters.
The M3 motorway is easily accessible (approximately 1.5 miles), offering excellent road links to London and the South Coast.
Well-regarded educational establishments nearby include Basingstoke College of Technology (BCOT) and Queen Mary's College (QMC), both within easy reach. Tenure Leasehold – 125 years from 1985 (approx.
85 years remaining). Six flats in the block, self-managed service charge. 2025 service charge: £78 per month. The above information may be subject to change during the transaction period.
In accordance with anti–money laundering (AML) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an AML check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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 Cromwell Road, Basingstoke, Hampshire, RG21
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