1-bedroom flat · RG24 9DU
Listing removedReduced £20k (−22.2%) on 7 AugListed 210 days
Opportunity summary
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About
Introduction: The opportunity exists to acquire this well-presented studio flat in a quiet cul-de-sac in Popley with just a short walk to a local shops and facilities.
The overall accommodation has a modern fitted kitchen, reception room/bedroom, dressing room/area and shower room.
Accommodation: On entry to the communal entrance hall at the front of the building, you proceed up the staircase to the first floor landing.
The entrance to the flat is at the top of the stairs and you proceed into the main reception room/bedroom.
From here, access is provided to the dressing room which has plenty of space for wardrobes or other storage units.
The shower room is then accessed through this space and is fitted with a modern suite comprising shower, WC and basin.
The kitchen is the other end of the property with a fitted suite of cupboards, doors and worktops, with sink and cooker unit.
Outside There are communal gardens which surround the building and parking is available in the street and car park to the front.
Location Situated in Popley, the property offers easy access to Chineham Business Park, Lidl, The Range, Dunelm as well as Basingstoke Hospital, schools and further local amenities.
It also offers easy access to the A33 towards Reading and there is a regular bus service into Basingstoke Town Centre where you can find Festival Place shopping centre.
The M3 motorway is within 5 minutes drive and provides access to London (one hour to the outskirts) and the south coast (one hour).
The town centre also has a main line railway station with a fast train to London-Waterloo in approximately 45 minutes.
Local authority Basingstoke & Deane council tax band A EPC tbc tenure Leasehold lease Expires December 2101 – 77 years remaining. Service charge: £334 ground rent: £118 EPC rating: E.
Service charge description: Includes buildings insurance and service
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
Agent & docs
FAQ
About 14, Tewkesbury Close, Basingstoke
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