2 Bed Flat, Potential PLO/LOA, Basingstoke, RG21 7UE, £165,000

Winterthur Way, Basingstoke, Hampshire, RG21 7UE - 6 views - 6 months ago

Sold STC
Leasehold
Negative Equity
ROI: 10%
~68 m²
+4 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£201,300
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£875 - £3,500

Rent Estimate

£1,150

Running Costs/mo

£766

Cashflow/mo

£384

Cashflow/yr

£4,613

ROI

10%

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 
£175K04/230.04 mi147, Winterthur Way, Basingstoke, Hampshire RG21 7UE2
£222K08/230.05 mi328, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K03/210.05 mi368, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£180K05/230.11 mi481, Winterthur Way, Basingstoke, Hampshire RG21 7UW2
£200K12/200.12 mi174, Sinclair Drive, Basingstoke, Hampshire RG21 6AE2
£256K05/230.21 miUpper Flat, 22, Rayleigh Road, Basingstoke, Hampshire RG21 7TH2
£120K04/210.25 mi2, Rayleigh Road, Basingstoke, Hampshire RG21 7TJ2
£212K11/220.31 mi17, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£222K02/230.42 mi6, Wilton Place, Basingstoke, Hampshire RG21 7UD2
£188K01/210.45 mi14, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£245K06/230.45 mi12, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£250K12/220.45 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
£177.5K01/210.51 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
£200K07/230.58 miFlat 7, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£98.5K07/210.58 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
£200K02/230.64 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.64 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.65 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.65 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.65 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.65 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.65 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.65 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£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
£205K08/230.68 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£210K02/210.7 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£203K02/210.7 mi161a, Winchester Road, Basingstoke, Hampshire RG21 8YF2
£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
£220K12/220.74 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.74 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£195K09/210.76 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.76 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£172.5K03/210.82 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 
£1,20006/240 mi-2
£1,20007/240.01 miWinterthur Way, Basingstoke, RG212
£87507/240.01 miTown Centre, RG212
£1,25007/240.01 miWinterthur Way RG212
£1,30010/240.01 mi-2
£2,98704/250.02 mi-2
£1,20007/240.03 miWinterthur Way2
£1,15007/240.03 miWinterthur Way2
£1,30008/240.03 miWinterthur Way, Basingstoke, Hants, RG21 7UF2
£1,35008/240.03 mi-2
£1,26002/250.03 mi-2
£1,20007/240.03 miWinterthur Way2
£1,25007/240.03 miWinterthur Way2
£1,25007/240.04 miWinterthur Way, Victory Hill, Basingstoke2
£95007/240.04 mi-2
£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
£1,20007/240.04 miWinterthur Way, Town Centre, Basingstoke, Hampshire2
£1,30007/240.04 miWinterthur Way, Basingstoke, Hampshire, RG212
£1,25011/240.05 mi-2
£1,20007/240.05 miWinterthur Way2
£1,15007/240.06 miWinterthur Way, Victory Hill, Basingstoke, RG212
£1,25007/240.06 miWinterthur Way, BASINGSTOKE2
£1,45003/250.06 mi-2
£1,35001/250.08 mi-2
£1,25007/240.08 miWinterthur Way, Basingstoke, RG212
£1,55004/250.09 mi-2
£1,60007/240.1 miLilly Court, Basingstoke, RG212
£1,35007/240.1 mi-2
£1,30006/240.1 mi-2
£1,55003/250.11 mi-2
£1,20007/240.12 miSinclair Drive2
£1,40008/240.12 miSinclair Drive, Basingstoke2
£1,24507/240.12 miWinterthur Way, Central Basingstoke2
£1,39507/240.13 miChapel Gate, Basingstoke2
£3,50009/240.14 mi-2
£1,32511/240.14 mi-2
£1,00011/240.15 mi-2
£1,40007/240.17 mi-2
£1,40007/240.17 mi-2
£1,42510/240.18 mi-2
£1,29511/230.18 mi-2
£1,29506/240.18 mi-2
£1,30008/240.2 miSinclair Drive, Basingstoke, RG212
£1,32507/240.2 miFlaxfield Court, Basingstoke, Hampshire, RG212
£1,50007/240.2 miBrookvale Close, Town Centre2
£1,20007/240.2 miSinclair Drive, Basingstoke, Hants, RG212
£1,25008/240.21 miSinclair Drive, Basingstoke, Hampshire, RG212

Local Area Statistics

Population in RG21

26,623

Population in Basingstoke

120,645

Town centre distance

0.78 miles away

Nearest school

0.50 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £165,000

-15%

October 23, 2024

Sold for £190,000

2006

Floor Plans

Description

  • Two Bedrooms +
  • Generous Balcony +
  • En Suite to Main Bedroom +
  • Secure Entry Phone System +
  • Allocated Parking +
  • Town Centre Location +
  • No Onward Chain +
  • EPC : C (79) +
  • Council Tax Band : C +

Bridges Estate Agents are proud to offer to the market with no onward chain this excellent and very well presented two bedroom apartment with parking. The apartment is located on the third floor and comprises of a spacious, open plan living room with a kitchen area, and the added bonus of a sunny aspect wrap around balcony. There is lift access to every floor from the welcoming lobby. There are two well proportioned bedrooms with the main bedroom offering a built in wardrobe and an en suite shower room. The apartment benefits from a modern three piece bathroom to support the other bedroom. The hallway is long and spacious, with two sets of storage cupboards to keep everything organised and tidy. Being within walking distance to the town centre and Basingstoke main railway station makes this property perfect for first time buyers and investors alike.

Winterthur Way is perfectly positioned to benefit from everything Basingstoke has to offer. Festival Place is right on your doorstep, and with its range of shops, restaurants and bars it offers plenty for everyone. The train station is equally convenient for anyone wanting to commute, and areas of greenery such as the War Memorial Park are also close by, giving you the best of both worlds.

Lease remaining: 125 Years as of October 2024
Services Charges: TBC - Reviewed: TBC
Ground Rent: TBC - Reviewed: TBC
Council Tax Band: C

Lease details, service charges, ground rent, maintenance charges (where applicable), and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

Thinking of selling or struggling to sell?
Get in contact with Bridges your experienced, local agents and book your free valuation now!

Agent Details

Bridges Estate Agents, Basingstoke

01256 638835

Next Steps?

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