2 Bed Flat, Single Let, Basingstoke, RG21 7UN, £165,000

Winterthur Way, Basingstoke, Hampshire, RG21 7UN - 7 months ago

Leasehold
BTL
ROI: 9%
~60 m²
+4 photos

ValuationUndervalued

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

 

 

Square Metres

~59.70 m²
Price/m²£2.8K/m²

Value Estimate

£196,659
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£10,250

Total Cash In

£51,500

 

 

Cash Out

 

Rent Range

£875 - £3,500

Rent Estimate

£1,131

Running Costs/mo

£762

Cashflow/mo

£369

Cashflow/yr

£4,430

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 
£175K04/230.05 mi147, Winterthur Way, Basingstoke, Hampshire RG21 7UE2
£222K08/230.07 mi328, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K03/210.07 mi368, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£180K05/230.12 mi481, Winterthur Way, Basingstoke, Hampshire RG21 7UW2
£200K12/200.13 mi174, Sinclair Drive, Basingstoke, Hampshire RG21 6AE2
£256K05/230.22 miUpper Flat, 22, Rayleigh Road, Basingstoke, Hampshire RG21 7TH2
£120K04/210.25 mi2, Rayleigh Road, Basingstoke, Hampshire RG21 7TJ2
£212K11/220.33 mi17, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£222K02/230.43 mi6, Wilton Place, Basingstoke, Hampshire RG21 7UD2
£188K01/210.46 mi14, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£245K06/230.46 mi12, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£250K12/220.46 mi21, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£218K10/210.49 mi105, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£212.5K12/200.49 mi82, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£177.5K01/210.52 mi11, Lawrence Dale Court, Basingstoke, Hampshire RG21 8FP2
£220K02/210.56 mi9, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£229K04/210.56 mi10, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£200K07/230.57 miFlat 7, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£98.5K07/210.57 miFlat 6, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£192.5K02/210.59 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£216K08/230.62 mi12c, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£225K11/200.62 mi12b, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£200K02/230.63 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.63 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.63 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.63 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.63 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.63 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.63 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.63 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K08/230.67 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£199.9K11/220.67 mi23, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£190K04/210.67 mi17, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£183.5K02/210.67 mi45, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£210K02/210.69 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£203K02/210.71 mi161a, Winchester Road, Basingstoke, Hampshire RG21 8YF2
£220K12/220.72 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.72 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£229.7K06/210.72 mi13, Montague Place, Basingstoke, Hampshire RG21 3DS2
£200K11/210.72 mi7, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£193.3K04/210.72 mi11, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£195K09/210.74 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.74 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£172.5K03/210.81 mi8, Pear Tree Way, Oakridge, Basingstoke, Hampshire RG21 5QE2
£185K01/230.85 mi31, Russell Road, Basingstoke, Hampshire RG21 3EU2
£200K02/210.85 mi52, Russell Road, Basingstoke, Hampshire RG21 3EU2
£210K01/230.85 mi39, Russell Road, Basingstoke, Hampshire RG21 3EU2
£224K05/230.85 mi24, Russell Road, Basingstoke, Hampshire RG21 3EU2
£185K12/220.85 mi34, Russell Road, Basingstoke, Hampshire RG21 3EU2
£225K02/230.85 mi44, Russell Road, Basingstoke, Hampshire RG21 3EU2

Local Rents

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

RentDateDistanceAddressBeds 
£1,35008/240.01 mi-2
£1,20006/240.02 mi-2
£1,20007/240.02 miWinterthur Way, Basingstoke, RG212
£87507/240.02 miTown Centre, RG212
£1,25007/240.02 miWinterthur Way RG212
£1,25007/240.03 miWinterthur Way, Victory Hill, Basingstoke2
£1,30010/240.03 mi-2
£2,98704/250.04 mi-2
£1,26002/250.04 mi-2
£1,20007/240.04 miWinterthur Way2
£1,15007/240.04 miWinterthur Way2
£1,30008/240.04 miWinterthur Way, Basingstoke, Hants, RG21 7UF2
£1,20007/240.04 miWinterthur Way2
£1,25007/240.04 miWinterthur Way2
£1,30007/240.05 miWinterthur Way, Basingstoke, Hampshire, RG212
£1,20007/240.05 miWinterthur Way2
£1,20007/240.05 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,30008/240.05 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,15007/240.05 miWinterthur Way, Victory Hill, Basingstoke, RG212
£1,25007/240.05 miWinterthur Way, BASINGSTOKE2
£95007/240.06 mi-2
£1,20007/240.06 miWinterthur Way, Town Centre, Basingstoke, Hampshire2
£1,25011/240.06 mi-2
£1,20007/240.07 miWinterthur Way2
£1,45003/250.08 mi-2
£1,55004/250.09 mi-2
£1,25007/240.1 miWinterthur Way, Basingstoke, RG212
£1,35007/240.1 mi-2
£1,35001/250.1 mi-2
£1,60007/240.11 miLilly Court, Basingstoke, RG212
£1,39507/240.11 miChapel Gate, Basingstoke2
£1,30006/240.12 mi-2
£3,50009/240.12 mi-2
£1,32511/240.12 mi-2
£1,55003/250.12 mi-2
£1,20007/240.13 miSinclair Drive2
£1,40008/240.13 miSinclair Drive, Basingstoke2
£1,24507/240.14 miWinterthur Way, Central Basingstoke2
£1,00011/240.16 mi-2
£1,40007/240.18 mi-2
£1,40007/240.18 mi-2
£1,42510/240.19 mi-2
£1,29511/230.19 mi-2
£1,29506/240.19 mi-2
£1,32507/240.2 miFlaxfield Court, Basingstoke, Hampshire, RG212
£1,50007/240.21 miBrookvale Close, Town Centre2
£1,30008/240.21 miSinclair Drive, Basingstoke, RG212
£1,35006/240.22 mi-2
£1,37509/240.22 mi-2
£1,20007/240.22 miSinclair Drive, Basingstoke, Hants, RG212

Local Area Statistics

Population in RG21

26,623

Population in Basingstoke

120,645

Town centre distance

0.80 miles away

Nearest school

0.50 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Price changed to £165,000

April 5, 2025

Price changed to £170,000

February 4, 2025

Price changed to £175,000

December 14, 2024

Listed for £180,000

September 20, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • TWO BEDROOMS +
  • ALLOCATED PARKING +
  • EN SUITE TO THE MASTER +
  • KITCHEN +
  • LOUNGE/DINER +

Offered to the market for the first time in 15 years is this well presented two bedroom apartment in the popular location of Winterthur way. The property benefits from two good sized bedrooms one with en suite to the master bedroom and further family bathroom accessed from the spacious hallway. In addition the property also benefits from modern fitted kitchen, a good sized living room and a full time parking space.
Lease Remaining: 104 Years
Service Charges: Approximately £1800 per year
Ground Rent: £175 per year
Council Tax Band is C
Internal viewings highly recommended!

Agent Details

Romans, Basingstoke

01256 638861

Next Steps?

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