2-bedroom flat · RG24 8ET
Listing removedListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EweMove - Elvetham Rise – Immaculate Two-Bedroom Second Floor Apartment with Parking.
Positioned on the second floor of a well-maintained modern development, this beautifully presented two-bedroom apartment is offered in stunning condition throughout, with a long lease and allocated parking.
The property is accessed via a bright and welcoming hallway, featuring multiple built-in storage cupboards and loft access, providing excellent storage rarely found in apartments.
The hallway creates a real sense of space and separation between the living and sleeping accommodation.
The spacious living room is flooded with natural light and offers ample room for both relaxing and dining, making it ideal for everyday living and entertaining.
A real highlight of the home is the separate fitted kitchen, finished in a contemporary style with generous worktop space and excellent storage — perfect for those who prefer a defined cooking space.
The principal bedroom is a comfortable double, beautifully styled and benefiting from fitted wardrobes, while the second bedroom is another generous double.
Currently arranged as a home office / occasional guest room, it demonstrates excellent flexibility for modern living and also includes fitted wardrobe storage.
The bathroom is finished in a clean, neutral style with a full white suite, completing the accommodation.
Externally, the property benefits from allocated parking and well-kept communal areas, all set within a popular residential location convenient for local amenities and transport links.
An ideal purchase for first-time buyers, downsizers or investors, this superb apartment is ready to move straight into and must be viewed to be fully appreciated.
Ground Rent £200 PA - Service Charge - £1000 PA
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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FAQ
About Elvetham Rise, Chineham, Basingstoke, Hampshire, RG24
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