4-bedroom bungalow · RG23 8EZ
Sold STCReduced £35k (−6.5%) on 23 MarListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented and improved detached bungalow to the West of Basingstoke which offers adaptable accommodation providing four bedrooms and three bathrooms.
Starting from a nice wide entrance hall that leads through to good sized, defined lounge and dining areas, there is a modern kitchen with built in appliances including a dishwasher, double oven, five ring hob and fridge.
Three of the four bedrooms are doubles with the master bedroom having fitted furniture and an ensuite bathroom with 'jacuzzi' style bath and separate shower cubicle.
Outside is ample block paved driveway parking to the front which is approached from a private driveway off Wayside Road whilst the long rear garden is westerly facing with a sizeable patio area and the rest mainly laid to lawn with flower borders.
Loft conversion potential (subject to relevant permissions) Pleasantly situated amongst other individual homes there is schooling and a small shopping parade nearby, a little further is a supermarket and also the Leisure Park.
Some of the farmland nearby will be developed and at the same time a Country Park with woodland walks will be created for public use.
Basingstoke offers extensive shopping and recreational facilities ranging from indoor skydiving and an ice rink through multiplex cinemas and sports centres to theatres and museums.
There is shopping, bars and restaurants at Festival Place.
The mainline railway provides a frequent service to London (Waterloo from 45 minutes) and M3 motorway access is available at junctions 6 and 7.
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 Roman Road, Basingstoke, Hampshire, RG23
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