2 Bed Flat, Single Let, Basingstoke, RG21 7UE, £160,000

Winterthur Way, Basingstoke, Hampshire, RG21 7UE - 2 views - a year ago

Sold STC
Leasehold
BTL
ROI: 10%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£98.5K - £256K
Sold Prices/m²£1.9K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£196,800
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£875 - £3,500

Rent Estimate

£1,150

Running Costs/mo

£750

Cashflow/mo

£400

Cashflow/yr

£4,800

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £98.5K to £256K, average is £200K. £1.9K/m² to £4K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£175K04/230 mi147, Winterthur Way, Basingstoke, Hampshire RG21 7UE2
£222K08/230.03 mi328, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K03/210.03 mi368, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K12/200.09 mi174, Sinclair Drive, Basingstoke, Hampshire RG21 6AE2
£180K05/230.1 mi481, Winterthur Way, Basingstoke, Hampshire RG21 7UW2
£256K05/230.18 miUpper Flat, 22, Rayleigh Road, Basingstoke, Hampshire RG21 7TH2
£120K04/210.21 mi2, Rayleigh Road, Basingstoke, Hampshire RG21 7TJ2
£212K11/220.33 mi17, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£222K02/230.39 mi6, Wilton Place, Basingstoke, Hampshire RG21 7UD2
£188K01/210.43 mi14, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£245K06/230.43 mi12, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£250K12/220.43 mi21, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£218K10/210.45 mi105, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£212.5K12/200.45 mi82, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£177.5K01/210.47 mi11, Lawrence Dale Court, Basingstoke, Hampshire RG21 8FP2
£220K02/210.52 mi9, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£229K04/210.52 mi10, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£200K07/230.56 miFlat 7, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£98.5K07/210.56 miFlat 6, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£216K08/230.59 mi12c, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£225K11/200.59 mi12b, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£192.5K02/210.63 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£199.9K11/220.64 mi23, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£190K04/210.64 mi17, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£183.5K02/210.64 mi45, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£200K02/230.66 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.66 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£203K02/210.67 mi161a, Winchester Road, Basingstoke, Hampshire RG21 8YF2
£186.5K02/230.67 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.67 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.67 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.67 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.67 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.67 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£229.7K06/210.7 mi13, Montague Place, Basingstoke, Hampshire RG21 3DS2
£200K11/210.7 mi7, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£193.3K04/210.7 mi11, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£205K08/230.7 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£210K02/210.74 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£220K12/220.76 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.76 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£195K09/210.78 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.78 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£185K01/230.83 mi31, Russell Road, Basingstoke, Hampshire RG21 3EU2
£200K02/210.83 mi52, Russell Road, Basingstoke, Hampshire RG21 3EU2
£210K01/230.83 mi39, Russell Road, Basingstoke, Hampshire RG21 3EU2
£224K05/230.83 mi24, Russell Road, Basingstoke, Hampshire RG21 3EU2
£185K12/220.83 mi34, Russell Road, Basingstoke, Hampshire RG21 3EU2
£225K02/230.83 mi44, Russell Road, Basingstoke, Hampshire RG21 3EU2
£172.5K03/210.85 mi8, Pear Tree Way, Oakridge, Basingstoke, Hampshire RG21 5QE2

Local Rents

49 rents from £875/mo to £3.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20007/240 miWinterthur Way2
£1,20007/240 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,30008/240 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,30007/240.01 miWinterthur Way, Basingstoke, Hampshire, RG212
£1,26002/250.02 mi-2
£1,20007/240.03 miWinterthur Way, Basingstoke, RG212
£87507/240.03 miTown Centre, RG212
£1,25007/240.03 miWinterthur Way RG212
£1,20007/240.03 miWinterthur Way2
£1,25007/240.03 miWinterthur Way2
£1,15007/240.03 miWinterthur Way, Victory Hill, Basingstoke, RG212
£1,25007/240.03 miWinterthur Way, BASINGSTOKE2
£1,20007/240.03 miWinterthur Way2
£1,20007/240.03 miWinterthur Way2
£1,15007/240.03 miWinterthur Way2
£1,30008/240.03 miWinterthur Way, Basingstoke, Hants, RG21 7UF2
£2,98704/250.03 mi-2
£1,20006/240.04 mi-2
£1,30010/240.04 mi-2
£1,20007/240.04 miWinterthur Way, Town Centre, Basingstoke, Hampshire2
£1,25007/240.05 miWinterthur Way, Victory Hill, Basingstoke2
£1,35008/240.05 mi-2
£95007/240.05 mi-2
£1,25011/240.06 mi-2
£1,25007/240.06 miWinterthur Way, Basingstoke, RG212
£1,45003/250.07 mi-2
£1,35001/250.07 mi-2
£1,30006/240.08 mi-2
£1,20007/240.09 miSinclair Drive2
£1,40008/240.09 miSinclair Drive, Basingstoke2
£1,24507/240.12 miWinterthur Way, Central Basingstoke2
£1,00011/240.13 mi-2
£1,55004/250.13 mi-2
£1,60007/240.13 miLilly Court, Basingstoke, RG212
£3,50009/240.13 mi-2
£1,32511/240.13 mi-2
£1,35007/240.14 mi-2
£1,55003/250.14 mi-2
£1,39507/240.15 miChapel Gate, Basingstoke2
£1,32507/240.16 miFlaxfield Court, Basingstoke, Hampshire, RG212
£1,50007/240.17 miBrookvale Close, Town Centre2
£1,30008/240.19 miSinclair Drive, Basingstoke, RG212
£1,20007/240.19 miSinclair Drive, Basingstoke, Hants, RG212
£1,40007/240.19 mi-2
£1,40007/240.19 mi-2
£1,42510/240.2 mi-2
£1,29511/230.2 mi-2
£1,29506/240.2 mi-2
£1,25008/240.2 miSinclair Drive, Basingstoke, Hampshire, RG212

Local Area Statistics

Population in RG21

26,623

Population in Basingstoke

120,645

Town centre distance

0.77 miles away

Nearest school

0.50 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £160,000

May 20, 2024

Floor Plans

Description

  • TOWN CENTRE LOCATION +
  • CLOSE TO TRAIN STATION +
  • TWO BED/TWO BATH +
  • OPEN PLAN LIVING +
  • NO ONWARD CHAIN +
  • GREAT INVESTMENT OPPORTUNITY +

NO ONWARD CHAIN
We are pleased to offer to the market this recently refurbished and spacious two bedroom, two bathroom 7th floor apartment comprising of open plan living accommodation including kitchen with fitted appliances.
The apartment is situated within walking distance of railway and bus stations, shops and restaurants in Festival Place.
This apartment would be an ideal first time purchase or a great investment opportunity with great rental yield.

Internal viewing highly recommended!!

Service Charges - Approx. £2000 per annum
Ground Rent - £175 per annum
Lease - 104 years
Council Tax Band - C

Agent Details

Romans, Basingstoke

01256 638861

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪