2 Bed Flat, Single Let, Basingstoke, RG21 7TS, £170,000

Alencon Link, Alencon Link, Basingstoke, RG21 7TS - 2 views - 9 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+14 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£212,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£950 - £2,200

Rent Estimate

£1,200

Running Costs/mo

£791

Cashflow/mo

£409

Cashflow/yr

£4,905

ROI

9%

Gross Yield

8%

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 
£200K07/230.3 miFlat 7, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£98.5K07/210.3 miFlat 6, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£175K04/230.35 mi147, Winterthur Way, Basingstoke, Hampshire RG21 7UE2
£222K08/230.38 mi328, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K03/210.38 mi368, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K02/230.39 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.39 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.39 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.39 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.39 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.39 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.39 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.39 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£120K04/210.43 mi2, Rayleigh Road, Basingstoke, Hampshire RG21 7TJ2
£200K12/200.43 mi174, Sinclair Drive, Basingstoke, Hampshire RG21 6AE2
£256K05/230.43 miUpper Flat, 22, Rayleigh Road, Basingstoke, Hampshire RG21 7TH2
£205K08/230.44 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£180K05/230.45 mi481, Winterthur Way, Basingstoke, Hampshire RG21 7UW2
£220K12/220.51 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.51 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£216K08/230.51 mi12c, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£225K11/200.51 mi12b, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£195K09/210.54 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.54 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£200K11/210.56 mi7, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£193.3K04/210.56 mi11, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£229.7K06/210.58 mi13, Montague Place, Basingstoke, Hampshire RG21 3DS2
£218K10/210.6 mi105, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£212.5K12/200.6 mi82, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£212K11/220.65 mi17, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£222K02/230.68 mi6, Wilton Place, Basingstoke, Hampshire RG21 7UD2
£220K02/210.68 mi9, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£229K04/210.68 mi10, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£199.9K11/220.68 mi23, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£190K04/210.68 mi17, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£183.5K02/210.68 mi45, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£172.5K03/210.69 mi8, Pear Tree Way, Oakridge, Basingstoke, Hampshire RG21 5QE2
£185K01/230.7 mi31, Russell Road, Basingstoke, Hampshire RG21 3EU2
£200K02/210.7 mi52, Russell Road, Basingstoke, Hampshire RG21 3EU2
£210K01/230.7 mi39, Russell Road, Basingstoke, Hampshire RG21 3EU2
£224K05/230.7 mi24, Russell Road, Basingstoke, Hampshire RG21 3EU2
£185K12/220.7 mi34, Russell Road, Basingstoke, Hampshire RG21 3EU2
£225K02/230.7 mi44, Russell Road, Basingstoke, Hampshire RG21 3EU2
£192.5K02/210.7 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£177.5K01/210.75 mi11, Lawrence Dale Court, Basingstoke, Hampshire RG21 8FP2
£188K01/210.77 mi14, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£245K06/230.77 mi12, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£250K12/220.77 mi21, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£210K02/210.81 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£203K02/210.82 mi161a, Winchester Road, Basingstoke, Hampshire RG21 8YF2

Local Rents

50 rents from £950/mo to £2.2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25007/240 miCrown Heights, Basingstoke2
£1,50008/240 miCrown Heights, Alencon Link, Basingstoke, RG212
£1,20007/240 miCrown Heights, Alencon Link2
£1,20007/240.01 mi-2
£1,25008/240.01 mi-2
£1,20008/240.01 miCrown Heights2
£1,25007/240.02 mi-2
£1,30007/240.02 mi-2
£1,35003/250.02 mi-2
£1,35007/240.03 miAlencon Link, Basingstoke, RG212
£1,25007/240.04 miAlencon Link, Basingstoke, Hampshire, RG212
£1,35004/250.04 mi-2
£1,25007/240.04 miAlencon Link, Basingstoke, Hampshire, RG212
£1,17507/240.04 miCrown Heights, Basingstoke, RG212
£1,20007/240.04 miCrown Heights, Basingstoke2
£1,25007/240.04 miSkyline Plaza2
£1,30007/240.04 miSkyline Plaza RG212
£1,30007/240.04 miCrown Heights, Alencon Link, Basingstoke2
£1,30008/240.04 miAlencon Link, BASINGSTOKE2
£1,42507/240.04 miAlencon Link, Basingstoke2
£1,42507/240.04 miAlencon Link, Basingstoke2
£1,29507/240.04 miSkyline Plaza, Alencon Link2
£1,40007/240.04 miSkyline Plaza, Alencon Link2
£1,42507/240.04 miAlencon Link, Basingstoke2
£95010/230.04 miSkyline Plaza2
£97504/250.04 mi-2
£2,20004/250.05 mi-2
£1,25011/230.05 mi-2
£1,35007/240.05 miTown Centre, Basingstoke2
£1,27506/240.05 mi-2
£1,35007/240.07 mi-2
£1,50008/240.07 miChurchill Place, Churchill Way, Basingstoke, RG212
£1,55007/240.07 miAlencon Link, Basingstoke2
£1,40007/240.07 miAlencon Link, Basingstoke2
£1,52507/240.07 miAlencon Link, Basingstoke2
£1,42507/240.07 miAlencon Link, Basingstoke2
£1,42507/240.07 miAlencon Link, Basingstoke2
£1,30007/240.07 miAlencon Link, Basingstoke2
£1,42507/240.07 miAlencon Link, Basingstoke2
£1,42507/240.07 miAlencon Link, Basingstoke2
£1,42508/240.07 miAlencon Link, Basingstoke2
£1,42508/240.07 miAlencon Link, Basingstoke2
£1,40007/240.07 miAlencon Link, Basingstoke2
£1,55007/240.07 miNormandy House, Alencon Link2
£1,52507/240.07 miNormandy House, Alencon Link2
£1,42507/240.07 miNormandy House, Alencon Link2
£1,42507/240.07 miNormandy House, Alencon Link2
£1,40007/240.07 miNormandy House, Alencon Link2
£1,42508/240.07 miNormandy House, Alencon Link2
£1,42508/240.07 miNormandy House, Alencon Link2

Local Area Statistics

Population in RG21

26,623

Population in Basingstoke

120,645

Town centre distance

1.10 miles away

Nearest school

0.50 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Price changed to £170,000

March 8, 2025

Price changed to £190,000

February 8, 2025

Price changed to £210,000

December 27, 2024

Listed for £220,000

July 25, 2024

Description

  • Duplex Apartment +
  • Two Bedrooms +
  • No Onward Chain +
  • Close to Town Centre +
  • En-Suite Shower Room +
  • Study Area +

SUMMARY
OFFERED FOR SALE WITH NO ONWARD CHAIN - A stunning two-bedroom penthouse duplex apartment on the 11th floor of Crown Heights. This modern property features an en-suite shower room, a fully fitted kitchen with appliances, and a private balcony off the spacious lounge-perfect for entertaining.

DESCRIPTION
Stunning Premium Penthouse Duplex in Central Basingstoke
Experience luxury living in this exquisite penthouse duplex apartment, perfectly positioned in the heart of Basingstoke. Boasting expansive views from the top floor, this residence offers a serene escape amidst the bustling city.
Prime Location:
" Directly opposite the main train station, ensuring effortless commuting.
" Steps away from Basingstoke's vibrant array of shops, restaurants, and entertainment venues.
" Despite its central location, the apartment remains a peaceful haven.
Exceptional Features:
" Private Balcony: Enjoy your morning coffee or evening wine on a spacious balcony with panoramic views.
" Secure Parking: Benefit from two allocated parking spaces in a secure underground facility, providing convenience and peace of mind.
" Modern Design: The duplex layout offers a sophisticated living experience, with contemporary finishes and attractive fixtures throughout.
" Expansive Lounge: The exceptionally large lounge is perfect for entertaining guests, offering ample space for gatherings and a comfortable, welcoming atmosphere.
Comfort and Convenience:
" The flat is part of a well-maintained building with secure entry, ensuring safety and privacy with the added benefit of a concierge service.
" Large windows flood the apartment with natural light, enhancing the airy, open-plan living spaces.
" Serviced by two lifts access is easy and reliable.

Entrance Hall 
Security entry phone system, airing cupboard, doors to:

Bedroom 1 12' 7" x 9' 8" ( 3.84m x 2.95m )
Double glazed window to front aspect, two double wardrobes, door to:

En-Suite Shower Room 
Fully tiled shower cubicle, low level WC, vanity wash hand basin, extractor fan, fully tiled floor.

Bedroom 2 10' 4" x 9' 3" ( 3.15m x 2.82m )
Double glazed window to front aspect, double wardrobe.

Bathroom 
Panel enclosed bath with shower over, vanity wash hand basin, low level WC, fully tiled floor

Kitchen 12' 2" x 6' ( 3.71m x 1.83m )
Quartz stone work surfaces with cupboards and drawers under and cupboards over, sink with drainer and mixer tap, fitted four ring electric hob with electric oven under and hood over, built in washing machine, concealed up right fridge freezer, concealed dishwasher, fully tiled floor, partly tiled walls.

Dining Area/ Inner Hallway 13' 4" max x 10' 4" max ( 4.06m max x 3.15m max )
Double glazed window to front aspect, stairs leading to:

Lounge/ Diner 20' max (restricted head height) x 19' max (restricted head height) ( 6.10m max (restricted head height) x 5.79m max (restricted head height) )
Double glazed window to front aspect, eaves storage cupboard, security entry phone system, double door to private balcony.

Outside 

Parking 
The property benefits from having two undercover parking spaces in a secure carpark.

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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