2-bedroom flat · RG22 5FE
Listing removedListed 975 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale is this lovely ground floor 2 bedroom flat in Basingstoke, Hampshire. The property briefly comprises of: Hallway Living room Kitchen 2 bedrooms Bathroom/WC.
Gross internal floor area: 60 square metres. The property benefits from large storage cupboards ideal for a utility area, externally there is 1 allocated parking space, communal stores and grounds.
This property is ideally situated in Basingstoke which offers access to the A339 to Newbury, A33 to Reading and M3.
The mainline train station is approx 3 miles away which has connections to London Waterloo, regular bus routes are also accessible.
The property is within close proximity of Basingstoke Leisure Park, cinema, swimming pool, bowling alley and an array of restaurants.
Locally there are local village pubs, countryside walks, schools, shops and great amenities. Service charge £148.50PCM Lease start date - 125 years from 12 February 2008 Council Tax Band - C
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 6 Wiltshire Crescent, Basingstoke
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