2 Bed Flat, Single Let, Basingstoke, RG24 9TX, £200,000

John Hunt Drive, Basingstoke, RG24 9TX - 4 views - a year ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£70K - £255K
Sold Prices/m²£1.2K/m² - £43.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£213,254
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£950 - £1,500

Rent Estimate

£1,088

Running Costs/mo

£863

Cashflow/mo

£225

Cashflow/yr

£2,705

ROI

5%

Gross Yield

7%

Local Sold Prices

44 sold prices from £70K to £255K, average is £187.8K. £1.2K/m² to £43.5K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£177K12/200 mi7, John Hunt Drive, Basingstoke, Hampshire RG24 9TX2
£233K12/220.05 mi11, Tenzing Gardens, Basingstoke, Hampshire RG24 9TW2
£192.5K12/200.05 mi10, Tenzing Gardens, Popley, Basingstoke, Hampshire RG24 9TW2
£188.5K06/210.05 mi23, Tenzing Gardens, Popley, Basingstoke, Hampshire RG24 9TW2
£184K12/200.11 mi25, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£186K04/210.11 mi21, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£190K12/200.11 mi13, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£225K05/230.14 mi27, Mallory Road, Basingstoke, Hampshire RG24 9GB2
£199.9K12/220.14 mi50, Mallory Road, Basingstoke, Hampshire RG24 9GB2
£185K11/210.14 mi173, Pershore Road, Basingstoke, Hampshire RG24 9BG2
£185K11/210.15 mi23, Tobago Close, Basingstoke, Hampshire RG24 9PX2
£177K03/210.16 mi22, Edmund Court, Basingstoke, Hampshire RG24 9SZ2
£185K02/230.16 mi22, Edmund Court, Basingstoke, Hampshire RG24 9SZ2
£178K12/200.16 mi74, Edmund Court, Popley, Basingstoke, Hampshire RG24 9SZ2
£172.5K12/220.16 mi80, Edmund Court, Popley, Basingstoke, Hampshire RG24 9SZ2
£180K12/220.2 mi11, Bourdillon Gardens, Basingstoke, Hampshire RG24 9GG2
£179.9K03/210.32 mi67a, Falkland Road, Basingstoke, Hampshire RG24 9PJ2
£165K12/200.35 mi79, Englefield Way, Basingstoke, Hampshire RG24 9SF2
£167K09/210.38 mi5, Barrington Drive, Basingstoke, Hampshire RG24 9RS2
£165K12/200.38 mi14, Barrington Drive, Basingstoke, Hampshire RG24 9RS2
£160K05/230.4 mi31, Banbury Way, Basingstoke, Hampshire RG24 9FR2
£168K06/210.4 mi35, Banbury Way, Basingstoke, Hampshire RG24 9FR2
£205K04/210.43 mi33, Warner Close, Basingstoke, Hampshire RG24 9RY2
£97.5K11/210.47 mi25, Egerton Drive, Basingstoke, Hampshire RG24 9FG2
£172.5K03/210.48 mi8, Pear Tree Way, Oakridge, Basingstoke, Hampshire RG21 5QE2
£255K11/220.49 mi4, Carter Drive, Basingstoke, Hampshire RG24 9UL2
£210K02/210.52 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£70K11/200.53 mi75 Aspire Place, Shetland Road, Basingstoke, Hampshire RG24 9WH2
£187K11/220.53 mi59 Aspire Place, Shetland Road, Basingstoke, Hampshire RG24 9WH2
£192.5K02/210.58 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£195K09/210.72 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.72 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£220K12/220.73 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.73 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£205K08/230.79 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£200K02/230.84 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.84 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.85 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.85 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.85 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.85 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.85 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.85 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K09/210.95 mi3, St Catherine Road, Basingstoke, Hampshire RG24 9XG2

Local Rents

17 rents from £950/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£95002/250.12 mi-2
£1,10007/240.14 miMallory Road2
£1,20011/240.18 mi-2
£1,20003/250.19 mi-2
£1,25007/240.33 miAppleton Drive, Basingstoke, Hampshire, RG242
£1,30012/240.37 mi-2
£1,30007/240.4 miBanbury Way, Basingstoke2
£1,35007/240.41 miWheeler Way, Basingstoke2
£1,30009/240.41 miWheeler Way, Basingstoke, RG242
£1,29503/250.43 mi-2
£1,10007/240.44 miFaringdon Court, Marnel Park, Basingstoke, RG242
£1,50007/240.45 mi-2
£1,30007/240.46 miAppleton Drive, Basingstoke RG24 9RX2
£1,30008/240.51 miScotney Road, Oakridge, Basingstoke, RG212
£1,05009/240.53 miShetland Road, Basingstoke2
£1,25007/240.6 miSouth View, RG212
£1,12508/240.62 mi-2

Local Area Statistics

Population in RG24

31,488

Population in Basingstoke

120,645

Town centre distance

1.76 miles away

Nearest school

0.30 miles away

Nearest train station

1.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £200,000

November 9, 2023

Floor Plans

Description

  • No Onward Chain +
  • First Floor Flat +
  • Two Double Bedrooms +
  • Open Plan Living +
  • Balcony +
  • En-suite & Family Bathroom +
  • Allocated Parking +
  • Close to Amenities +

SUMMARY
This modern TWO DOUBLE BEDROOM first floor apartment is offered to the market with NO ONWARD CHAIN. The home comprises an OPEN PLAN LIVING area with fitted kitchen, BALCONY, main bathroom, en-suite and an allocated PARKING SPACE.

DESCRIPTION
Offered to the market is this modern first floor apartment comprising an entrance hall, open plan living area with fitted kitchen, two double bedrooms, family bathroom and an en-suite to the first bedroom. The property also benefits from a balcony with room for outdoor seating and an allocated parking space.

Situated in the popular Everest Park development, the property benefits from being within walking distance to supermarkets, convenience stores, schools, a post office and pharmacy. Basingstoke's Town Centre is only a 30 minute walk away, housing the Festival Place Shopping Centre with a wide variety of shops, restaurants, bars, entertainment and leisure facilities such as the Vue Cinema. Also located in the Town Centre is the mainline Train Station to London Waterloo and Bus station providing links across Basingstoke and the country. There is also easy access to the M3, A33 to Reading and A339 to Newbury via car making the location perfect for commuting.

Entrance Hall  
Security entry phone system, two storage cupboards and doors to:

Lounge Diner  16' 4" max x 10' 4" max ( 4.98m max x 3.15m max )
Double glazed French doors to balcony and open to:

Kitchen 10' 4" max x 6' 5" max ( 3.15m max x 1.96m max )
Work surfaces with cupboards and drawers under and cupboards over, stainless steel sink with drain and mixer tap, double glazed window to rear aspect, fitted four ring gas hob with electric oven under and hood over, integrated washing machine, integrated dishwasher and integrated upright fridge freezer.

Bedroom One  11' 3" max x 10' 5" max ( 3.43m max x 3.17m max )
Double glazed window to front aspect, built in wardrobe and door to:

En-Suite  
Walk in shower cubicle, low level WC, pedestal wash hand basin, extractor fan and double glazed frosted window to front aspect.

Bedroom Two  10' 6" max x 8' 5" max ( 3.20m max x 2.57m max )
Double glazed window to rear aspect.

Bathroom 
Panel enclosed bath with shower over, low level WC, pedestal wash hand basin, double glazed frosted window to rear aspect and extractor fan.

Parking 
The property benefits from an allocated parking space.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - 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.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Basingstoke

01256 679188

Next Steps?

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