2 Bed Flat, Single Let, Basingstoke, RG21 7UQ, £175,000

Town Centre, RG21 7UQ - 3 views - 6 months ago

Leasehold
BTL
ROI: 8%
~57 m²
+4 photos

ValuationUndervalued

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

 

 

Square Metres

~57 m²
Price/m²£3.1K/m²

Value Estimate

£190,000
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£54,700

 

 

Cash Out

 

Rent Range

£875 - £3,500

Rent Estimate

£1,150

Running Costs/mo

£797

Cashflow/mo

£353

Cashflow/yr

£4,238

ROI

8%

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 
£222K08/230.03 mi328, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K03/210.03 mi368, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£180K05/230.04 mi481, Winterthur Way, Basingstoke, Hampshire RG21 7UW2
£175K04/230.06 mi147, Winterthur Way, Basingstoke, Hampshire RG21 7UE2
£200K12/200.06 mi174, Sinclair Drive, Basingstoke, Hampshire RG21 6AE2
£256K05/230.18 miUpper Flat, 22, Rayleigh Road, Basingstoke, Hampshire RG21 7TH2
£120K04/210.23 mi2, Rayleigh Road, Basingstoke, Hampshire RG21 7TJ2
£212K11/220.27 mi17, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£222K02/230.36 mi6, Wilton Place, Basingstoke, Hampshire RG21 7UD2
£188K01/210.38 mi14, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£245K06/230.38 mi12, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£250K12/220.38 mi21, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£177.5K01/210.45 mi11, Lawrence Dale Court, Basingstoke, Hampshire RG21 8FP2
£218K10/210.46 mi105, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£212.5K12/200.46 mi82, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£220K02/210.53 mi9, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£229K04/210.53 mi10, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£200K07/230.62 miFlat 7, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£98.5K07/210.62 miFlat 6, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£192.5K02/210.63 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£216K08/230.64 mi12c, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£225K11/200.64 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
£203K02/210.67 mi161a, Winchester Road, Basingstoke, Hampshire RG21 8YF2
£200K02/230.71 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.71 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.72 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.72 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.72 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.72 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.72 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.72 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£210K02/210.72 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£229.7K06/210.74 mi13, Montague Place, Basingstoke, Hampshire RG21 3DS2
£200K11/210.75 mi7, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£193.3K04/210.75 mi11, Hillstead Court, Basingstoke, Hampshire RG21 3PT2
£205K08/230.75 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£220K12/220.8 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.8 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£195K09/210.82 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.82 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£220K02/230.86 mi18, Elizabeth Road, Basingstoke, Hampshire RG22 6AX2
£185K01/230.87 mi31, Russell Road, Basingstoke, Hampshire RG21 3EU2
£200K02/210.87 mi52, Russell Road, Basingstoke, Hampshire RG21 3EU2
£210K01/230.87 mi39, Russell Road, Basingstoke, Hampshire RG21 3EU2
£224K05/230.87 mi24, Russell Road, Basingstoke, Hampshire RG21 3EU2
£185K12/220.87 mi34, Russell Road, Basingstoke, Hampshire RG21 3EU2
£225K02/230.87 mi44, Russell Road, Basingstoke, Hampshire RG21 3EU2

Local Rents

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

RentDateDistanceAddressBeds 
£1,35001/250.02 mi-2
£1,45003/250.02 mi-2
£1,20007/240.02 miWinterthur Way, Town Centre, Basingstoke, Hampshire2
£1,25011/240.03 mi-2
£1,20007/240.03 miWinterthur Way2
£95007/240.03 mi-2
£1,25007/240.04 miWinterthur Way, Basingstoke, RG212
£1,20007/240.04 miWinterthur Way2
£1,25007/240.04 miWinterthur Way2
£1,20007/240.04 miWinterthur Way2
£1,15007/240.04 miWinterthur Way2
£1,30008/240.04 miWinterthur Way, Basingstoke, Hants, RG21 7UF2
£2,98704/250.05 mi-2
£1,26002/250.05 mi-2
£1,30006/240.06 mi-2
£1,30010/240.06 mi-2
£1,24507/240.06 miWinterthur Way, Central Basingstoke2
£1,20007/240.06 miWinterthur Way2
£1,20007/240.06 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,30008/240.06 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,20007/240.06 miSinclair Drive2
£1,40008/240.06 miSinclair Drive, Basingstoke2
£1,20007/240.07 miWinterthur Way, Basingstoke, RG212
£87507/240.07 miTown Centre, RG212
£1,25007/240.07 miWinterthur Way RG212
£1,20006/240.07 mi-2
£1,30007/240.07 miWinterthur Way, Basingstoke, Hampshire, RG212
£1,00011/240.08 mi-2
£1,35008/240.09 mi-2
£1,15007/240.09 miWinterthur Way, Victory Hill, Basingstoke, RG212
£1,25007/240.09 miWinterthur Way, BASINGSTOKE2
£1,25007/240.1 miWinterthur Way, Victory Hill, Basingstoke2
£1,60007/240.1 miLilly Court, Basingstoke, RG212
£1,55003/250.1 mi-2
£1,55004/250.12 mi-2
£1,30008/240.13 miSinclair Drive, Basingstoke, RG212
£1,20007/240.13 miSinclair Drive, Basingstoke, Hants, RG212
£1,35007/240.14 mi-2
£1,42510/240.14 mi-2
£1,29511/230.14 mi-2
£1,29506/240.14 mi-2
£1,25008/240.14 miSinclair Drive, Basingstoke, Hampshire, RG212
£1,40007/240.15 mi-2
£1,40007/240.15 mi-2
£1,50007/240.15 miBrookvale Close, Town Centre2
£1,25008/240.16 miSinclair Drive2
£1,35007/240.19 miSinclair Drive, Basingstoke RG212
£1,39507/240.19 miChapel Gate, Basingstoke2
£3,50009/240.19 mi-2

Local Area Statistics

Population in RG21

26,623

Population in Basingstoke

120,645

Town centre distance

0.72 miles away

Nearest school

0.50 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Price changed to £175,000

March 20, 2025

Listed for £185,000

October 14, 2024

Floor Plans

Description

  • Town Centre +
  • Two Bedrooms +
  • Bathroom and En-Suite +
  • Open Plan Living with Balcony +
  • Kitchen with Appliances +
  • Allocated Parking for 1 Car +

A beautifully presented 2 bedroom third floor apartment located in the popular Winterthur Way development, just a short walk from Basingstoke town centre and train station.

Comprising two bedrooms, bathroom and en-suite shower room, open plan living area with balcony, kitchen area with appliances and allocated parking for 1 car. 

HALLWAY Laminate floor, storage cupboard, electric radiator and airing cupboard. 

LIVING ROOM 15' 7" x 10' 7" (4.77m x 3.25m) Front aspect window with door to the crescent shaped balcony, laminate floor and electric radiator. 

KITCHEN AREA 10' 7" x 6' 8" (3.25m x 2.04m) A range of eye and base level storage units with rolled edge work surfaces, slimline dishwasher, washing machine, fridge/freezer, integrated oven, four ring electric hob and laminate floor. 

BEDROOM ONE 14' 6" x 8' 7" (4.43m x 2.62m) Front aspect window with door to Juliette balcony, wardrobe, carpet and electric radiator. 

EN-SUITE SHOWER ROOM Enclosed shower cubicle, low-level WC, wash hand basin, electric towel radiator and laminate floor. 

BEDROOM TWO 11' 3" x 8' 2" (3.45m x 2.5m) Front aspect window, carpet and electric radiator. 

BATHROOM Bath with shower over, low-level WC, wash hand basin, electric towel radiator and laminate floor. 

PARKING Allocated parking for one car. 

KEY FACTS FOR BUYERS Tenure: Leasehold

Lease Details: 125 years from 1st March 2003, with 104 years remaining.
Service Charge: Approximately £2,639 per Year
Ground Rent: £175 per Year
Ground Rent Provisions: Ground Rent increases by £175 every 25 years. The next review date is 1st March 2028

Council Tax Band: C
Basingstoke and Deane
EPC Rating: B
Allocated Parking

Agent Details

Martin & Co, Basingstoke

01256 633940

Next Steps?

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