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

John Hunt Drive, Basingstoke, Hampshire, RG24 9TX - 2 views - 7 months ago

Sold STC
BTL
ROI: 5%
~68 m²
+7 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

£1,100

Running Costs/mo

£865

Cashflow/mo

£235

Cashflow/yr

£2,820

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
£184K12/200.1 mi25, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£186K04/210.1 mi21, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£190K12/200.1 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
£185K11/210.15 mi23, Tobago Close, Basingstoke, Hampshire RG24 9PX2
£185K11/210.15 mi173, Pershore Road, Basingstoke, Hampshire RG24 9BG2
£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
£97.5K11/210.46 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
£210K02/210.53 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
£205K08/230.8 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£200K02/230.85 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.85 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
£1,20011/240.17 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
£1,29503/250.42 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
£1,30008/240.52 miScotney Road, Oakridge, Basingstoke, RG212
£1,05009/240.53 miShetland Road, Basingstoke2
£1,25007/240.61 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

1.05 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

October 7, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • TWO BEDROOMS +
  • EN SUITE +
  • PARKING +

NO ONWARD CHAIN

A stunning top floor apartment with views over the surrounding area and en suite to master bedroom. The property offers convenient and contemporary living and will be an ideal purchase for investors and first time buyers alike.

Please call to arrange an immediate appointment to view.

Service Charge - £2429.28 per annum

Ground Rent - £250 per annum

Lease length - 112 years remaining

Agent Details

Romans, Basingstoke

01256 638861

Next Steps?

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