2 Bed Flat, Public Notice, Basingstoke, RG21 7UF, £160,000

239 Winterthur Way, Basingstoke, RG21 7UF - 19 views - 9 months ago

Leasehold
Negative Equity
ROI: 10%
68 m²
+5 photos

ValuationUndervalued

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

 

 

Square Metres

68 m²
Price/m²£2.4K/m²

Value Estimate

£200,000
BMV25%

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 
£222K08/230.03 mi328, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K03/210.03 mi368, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£175K04/230.04 mi147, Winterthur Way, Basingstoke, Hampshire RG21 7UE2
£180K05/230.08 mi481, Winterthur Way, Basingstoke, Hampshire RG21 7UW2
£200K12/200.09 mi174, Sinclair Drive, Basingstoke, Hampshire RG21 6AE2
£256K05/230.2 miUpper Flat, 22, Rayleigh Road, Basingstoke, Hampshire RG21 7TH2
£120K04/210.24 mi2, Rayleigh Road, Basingstoke, Hampshire RG21 7TJ2
£212K11/220.3 mi17, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£222K02/230.4 mi6, Wilton Place, Basingstoke, Hampshire RG21 7UD2
£188K01/210.42 mi14, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£245K06/230.42 mi12, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£250K12/220.42 mi21, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£218K10/210.47 mi105, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£212.5K12/200.47 mi82, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£177.5K01/210.48 mi11, Lawrence Dale Court, Basingstoke, Hampshire RG21 8FP2
£220K02/210.54 mi9, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£229K04/210.54 mi10, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£200K07/230.59 miFlat 7, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£98.5K07/210.59 miFlat 6, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£192.5K02/210.61 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£216K08/230.63 mi12c, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£225K11/200.63 mi12b, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£199.9K11/220.66 mi23, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£190K04/210.66 mi17, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£183.5K02/210.66 mi45, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£200K02/230.67 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.67 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.68 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.68 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.68 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.68 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.68 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.68 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£203K02/210.69 mi161a, Winchester Road, Basingstoke, Hampshire RG21 8YF2
£205K08/230.71 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£210K02/210.71 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£229.7K06/210.73 mi13, Montague Place, Basingstoke, Hampshire RG21 3DS2
£200K11/210.73 mi7, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£193.3K04/210.73 mi11, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£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
£172.5K03/210.85 mi8, Pear Tree Way, Oakridge, Basingstoke, Hampshire RG21 5QE2
£185K01/230.86 mi31, Russell Road, Basingstoke, Hampshire RG21 3EU2
£200K02/210.86 mi52, Russell Road, Basingstoke, Hampshire RG21 3EU2
£210K01/230.86 mi39, Russell Road, Basingstoke, Hampshire RG21 3EU2
£224K05/230.86 mi24, Russell Road, Basingstoke, Hampshire RG21 3EU2
£185K12/220.86 mi34, Russell Road, Basingstoke, Hampshire RG21 3EU2
£225K02/230.86 mi44, Russell Road, Basingstoke, Hampshire RG21 3EU2

Local Rents

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

RentDateDistanceAddressBeds 
£1,20007/240 miWinterthur Way2
£1,15007/240 miWinterthur Way2
£1,30008/240 miWinterthur Way, Basingstoke, Hants, RG21 7UF2
£2,98704/250 mi-2
£1,20007/240.01 miWinterthur Way2
£1,25007/240.01 miWinterthur Way2
£1,20007/240.02 miWinterthur Way, Town Centre, Basingstoke, Hampshire2
£1,30010/240.02 mi-2
£1,26002/250.02 mi-2
£95007/240.02 mi-2
£1,20007/240.02 miWinterthur Way, Basingstoke, RG212
£87507/240.02 miTown Centre, RG212
£1,25007/240.02 miWinterthur Way RG212
£1,25011/240.02 mi-2
£1,20006/240.03 mi-2
£1,20007/240.03 miWinterthur Way2
£1,20007/240.04 miWinterthur Way2
£1,20007/240.04 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,30008/240.04 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,45003/250.04 mi-2
£1,30007/240.04 miWinterthur Way, Basingstoke, Hampshire, RG212
£1,35008/240.05 mi-2
£1,35001/250.06 mi-2
£1,25007/240.06 miWinterthur Way, Basingstoke, RG212
£1,25007/240.06 miWinterthur Way, Victory Hill, Basingstoke2
£1,15007/240.06 miWinterthur Way, Victory Hill, Basingstoke, RG212
£1,25007/240.06 miWinterthur Way, BASINGSTOKE2
£1,30006/240.08 mi-2
£1,20007/240.09 miSinclair Drive2
£1,40008/240.09 miSinclair Drive, Basingstoke2
£1,60007/240.1 miLilly Court, Basingstoke, RG212
£1,24507/240.1 miWinterthur Way, Central Basingstoke2
£1,55004/250.1 mi-2
£1,55003/250.11 mi-2
£1,35007/240.11 mi-2
£1,00011/240.12 mi-2
£1,39507/240.15 miChapel Gate, Basingstoke2
£3,50009/240.16 mi-2
£1,32511/240.16 mi-2
£1,40007/240.16 mi-2
£1,40007/240.16 mi-2
£1,42510/240.16 mi-2
£1,29511/230.16 mi-2
£1,29506/240.16 mi-2
£1,30008/240.17 miSinclair Drive, Basingstoke, RG212
£1,20007/240.18 miSinclair Drive, Basingstoke, Hants, RG212
£1,50007/240.18 miBrookvale Close, Town Centre2
£1,25008/240.18 miSinclair Drive, Basingstoke, Hampshire, RG212
£1,32507/240.19 miFlaxfield Court, Basingstoke, Hampshire, RG212

Local Area Statistics

Population in RG21

26,623

Population in Basingstoke

120,645

Town centre distance

0.76 miles away

Nearest school

0.50 miles away

Nearest train station

0.28 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

-33%

July 12, 2024

Sold for £212,500

2005

Description

  • 2 Bedrooms +
  • Close to Town Centre +
  • Close to Train Station +
  • Open Plan Kitchen/Living Area +
  • En-Suite Shower Room +
  • Ground Rent £175 per Annum +

SUMMARY
PUBLIC NOTICE - 239 Winterthur Way, Basingstoke, RG21 7UF - We have received an offer of £ 158,000.00. Any interested parties must submit any higher offers in writing to the selling agent before an exchange of contracts takes place. EPC Rating (B)

DESCRIPTION
Situated in the centre of Basingstoke, on Winterthur Way, the property is within walking distance to the Festival Place Shopping Centre offering a variety of shops, restaurants, bars, convenience stores, supermarkets and entertainment facilities. There is easy access to the M3, A33 to Reading and A339 to Newbury via car, the property is also right next to the mainline Train Station to London Waterloo and Basingstoke Bus Station, making it a great location for commuting. The apartment also benefits from being near to a number of parks such as Eastrop Park and the War Memorial Park, providing opportunity for walks and fresh air.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Entrance Hall 
Double cupboard housing hot water tank, doors to:

Open Plan Kitchen/Lounge 18' 3" max x 16' 4" ( 5.56m max x 4.98m )
Kitchen area - roll top work surfaces with cupboards and drawers under and cupboards over, fitted four ring gas hob with hood over, fitted electric oven, one and half bowl sink with drainer and mixer tap, space for washing machine, space for dishwasher

Lounge area - double glazed windows to front aspect, three double glazed glass panel doors to balcony, security entry phone system

Bedroom 1 15' 1" max x 10' 1" max ( 4.60m max x 3.07m max )
Double glazed window to front aspect, double wardrobe, door to:

En-Suite Shower Room 
Fully tiled shower cubicle, low-level WC, Pedestal wash hand basin, part tiled walls, heated towel rail

Bedroom 2 10' x 6' 9" max ( 3.05m x 2.06m max )
Double glazed window to front aspect

Bathroom 
Panel enclosed bath with mixer tap and shower attachment, low-level WC, pedestal wash hand basin, heated towel rail, part tiled walls

Parking 
The property benefits from having 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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