Studio flat · RG21 7PQ
Listing removedListed 190 days
Opportunity summary
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About
Bright and well presented studio apartment with Juliette balcony, modern kitchen and excellent storage. Long lease, low ground rent and parking for one car.
Ideally located close to the town centre, perfect for first-time buyers or investors. Bright and well presented studio apartment with Juliette balcony, modern kitchen and excellent storage.
Long lease, low ground rent and parking for one car. Ideally located close to the town centre, perfect for first-time buyers or investors.
Communal entrance Stairs to first floor entrance hall A practical entrance hallway finished with laminate flooring and benefitting from excellent built-in storage, including a large cupboard and separate airing cupboard.
Re-fitted kitchen 7' 10" x 7' 3" (2.4m x 2.2m) A bright dual aspect kitchen, recently re-fitted to a modern standard and benefitting from excellent natural light.
The kitchen offers a range of matching wall and base units with work surfaces over, incorporating a stainless steel sink unit.
There is a built-in electric oven with hob and extractor, space for appliances, laminate flooring and part-tiled walls.
Lounge/bedroom 15' 1" x 13' 1" (4.6m x 4.0m) A bright and well-proportioned studio room, offering flexible living and sleeping space.
Double glazed doors open onto a Juliette balcony, providing a pleasant outlook and excellent natural light, with a further window enhancing the overall feel of the room.
Finished with laminate flooring and an electric heater. Bathroom A bright side aspect bathroom with a double glazed window providing natural light and ventilation.
The suite comprises a panel enclosed bath with electric shower over and glass screen, pedestal wash hand basin and low level WC. Finished with part-tiled walls and a chrome heated towel radiator.
Parking Allocated parking for one car buyers material information Tenure: Leasehold Lease details Lease Term: 999 years from 25 March 1976 (approx.
949 years remaining) Service Charge: Approximately £1,580 per annum Ground rent Ground Rent: £25 per annum (fixed, no escalation) EPC Rating: D Council Tax Band: A Basingstoke and Deane
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
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About 1a, The Danes, Basingstoke
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