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See how verdicts work1-bedroom flat · RG21 7PR
Under offerReduced £5k (−2.9%) on 26 OctListed 432 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor home is part of a conversion of an old Victorian property into just seven apartments within a short stroll of Festival Place and the railway station.
The kitchen has light ‘high gloss’ finished cupboards with down lighters and long work surfaces.
It also has integrated appliances including oven, hob, cooker hood, fridge with freezer and a washer/drier. The living area is extensive and has plenty of natural light from deep windows.
To the rear is a large double bedroom and completing the accommodation is a luxurious bathroom suite with a shower over the bath.
There is an allocated parking space to the back of the building with access off Chequers Road. Lease details: Share of freehold, 115 years remaining, service charge £750 per annum and no ground rent.
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 Corbiere House, 21-23 New Road, Basingstoke, Hampshire, RG21
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