3-bedroom semi-detached house · RG23 7GP
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
60 % SHARED OWNERSHIP : Situated on a pleasant cul-de-sac on Lunways Road in Basingstoke, this modern three-bedroom semi-detached home offers well-proportioned accommodation, together with an inviting south-facing rear garden and ample driveway parking, perfect for contemporary living.
The ground floor welcomes you into an entrance hall, complete with a useful storage cupboard and stairs leading to the first floor.
A comfortable reception room is positioned at the front of the property, offering a dedicated space for relaxation.
To the rear, the spacious kitchen/dining room provides a practical and social hub, fitted with a range of contemporary cabinetry, complementary work surfaces, and integrated cooking appliances.
There is ample space for additional appliances and a dining table, making it ideal for daily meals and entertaining.
A door opens directly onto the south-facing rear garden, promoting a seamless indoor/outdoor flow. A practical downstairs cloakroom completes the ground floor amenities.
On the first floor, there are three generous bedrooms.
Two double bedrooms offer comfortable retreats, while the remaining bedroom provides versatile space that could serve as a nursery or a dedicated home office, depending on individual requirements.
A family bathroom serves all three rooms, and additional storage can be found on the landing, adding to the home's practicality.
Outside, the enclosed south-facing rear garden has been thoughtfully designed to offer a choice of areas for relaxing and entertaining.
A paved patio provides an excellent spot for outdoor dining, with stairs leading onto a lawn featuring raised planting beds.
A further decked seating area completes the outside space, offering an additional private spot for enjoyment. The property also boasts ample driveway parking, providing convenient off-road access.
Lunways Road is conveniently positioned within the sought-after Hounsome Fields development, offering easy access to Basingstoke town centre and its extensive range of shopping, leisure and recreational facilities, including Festival Place Shopping Centre.
Residents can enjoy nearby green open spaces and children's play areas, with a primary school also within easy reach.
Basingstoke's mainline railway station provides direct services to London Waterloo, while the property is also well placed for access to the M3 and surrounding road network, ensuring excellent connectivity.
Lease remaining - 994 Years Rent on the remaining share is £ 417.81 monthly Ground Rent : Peppercorn Service Charge : £36.40 monthly
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 Lunways Road , Basingstoke, RG23 7GP
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