We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom property · RG24 7BB
Listing removedListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN - Sought after Water End Park - over 55's - CHEQUERS are pleased to offer this rare opportunity to purchase a well presented and much improved park home backing into the river Lyde, enjoying riverside views and rear garden enjoying a private aspect.
The property features a modern kitchen/dining room with integrated appliances, 18' living room, two double bedrooms and a modern shower room with walk-in double shower cubicle.
The property benefits from gas radiator heating and double glazing and has recently been refloored and carpeted throughout.
There are landscaped gardens to the front and rear of the property and a block paved driveway.
(draft particulars - awaiting vendors approval) Entrance Porch: - Double glazed front door, double glazed window, door to - Kitchen/Dining Room: - 5.74m max x 2.44m max (18'10" max x 8' max) - Front and side aspect, double glazed windows, range of eye and level units, work surfaces, inset sink unit with mixer tap, fitted induction hob with extractor over, fitted oven and microwave with cupboards above and below, plumbing for washing machine, appliance space, laminate flooring, radiator, storage cupboard, double doors to - Lounge: - 5.49m x 3.28m max (18' x 10'9" max) - Front and side aspect, double glazed windows, two radiators, inset spotlights, built-in cupboard, feature alcove with recessed spotlights, door to - Inner Hall: - Double glazed door to side, cupboard housing combi boiler (3 years old).
Bedroom One: - 3.56m x 2.84m (11'8" x 9'4") - Rear aspect, double glazded window, radiator.
Bedroom Two: - 4.39m max x 2.84m max (14'5" max x 9'4" max) - Side aspect, twin double glazed windows, radiator.
Shower Room: - 2.08m x 1.63m (6'10" x 5'4") - Refitted and comprising walk-in double shower cubicle with riser and raindrop shower head, glass shower screen, vanity unit with inset wash hand basin, low level w.c., laminate flooring, inset spotlights.
Outside: - To the front of the property is artifical lawn and shingled area, block paved driveway, pathway to porch, gates to either side leading to rear garden.
To the rear of the property is a private garden, artificial lawn and patio larea, flower borders, steps down to the river Lyde, views of countryside beyond, three sheds, outside light.
Agents Note: - The site is for the over 50's. The purchaser will have to pay 10% of the purchase price to the site owner. Residents pay the site owner quarterly for electricity and water.
Maintenance and ground rent - £245.00 per calendar (subject to change) Money Laundering Regulation: - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Referrals: - Chequers will recommend the services of other businesses and may receive a referral fee in some instances where a buyer or seller uses the services of that company.
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 Water End Park, Old Basing, Basingstoke
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