2 Bed Flat, Single Let, Basingstoke, RG24 9TX, £205,000

John Hunt Drive, Basingstoke, Hampshire, RG24 9TX - 1 views - 6 months ago

Leasehold
BTL
ROI: 6%
~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£3K/m²

Value Estimate

£213,254
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£51,250

Stamp Duty & Legal Fees

£7,500

Total Cash In

£58,750

 

 

Cash Out

 

Rent Range

£950 - £1,500

Rent Estimate

£1,200

Running Costs/mo

£901

Cashflow/mo

£299

Cashflow/yr

£3,593

ROI

6%

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 
£233K12/220.04 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
£177K12/200.06 mi7, John Hunt Drive, Basingstoke, Hampshire RG24 9TX2
£185K11/210.09 mi23, Tobago Close, Basingstoke, Hampshire RG24 9PX2
£184K12/200.11 mi25, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£186K04/210.11 mi21, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£190K12/200.11 mi13, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£225K05/230.17 mi27, Mallory Road, Basingstoke, Hampshire RG24 9GB2
£177K03/210.18 mi22, Edmund Court, Basingstoke, Hampshire RG24 9SZ2
£185K02/230.18 mi22, Edmund Court, Basingstoke, Hampshire RG24 9SZ2
£178K12/200.18 mi74, Edmund Court, Popley, Basingstoke, Hampshire RG24 9SZ2
£172.5K12/220.18 mi80, Edmund Court, Popley, Basingstoke, Hampshire RG24 9SZ2
£199.9K12/220.18 mi50, Mallory Road, Basingstoke, Hampshire RG24 9GB2
£185K11/210.18 mi173, Pershore Road, Basingstoke, Hampshire RG24 9BG2
£180K12/220.23 mi11, Bourdillon Gardens, Basingstoke, Hampshire RG24 9GG2
£165K12/200.29 mi79, Englefield Way, Basingstoke, Hampshire RG24 9SF2
£179.9K03/210.29 mi67a, Falkland Road, Basingstoke, Hampshire RG24 9PJ2
£167K09/210.32 mi5, Barrington Drive, Basingstoke, Hampshire RG24 9RS2
£165K12/200.32 mi14, Barrington Drive, Basingstoke, Hampshire RG24 9RS2
£160K05/230.37 mi31, Banbury Way, Basingstoke, Hampshire RG24 9FR2
£168K06/210.37 mi35, Banbury Way, Basingstoke, Hampshire RG24 9FR2
£205K04/210.37 mi33, Warner Close, Basingstoke, Hampshire RG24 9RY2
£97.5K11/210.41 mi25, Egerton Drive, Basingstoke, Hampshire RG24 9FG2
£255K11/220.43 mi4, Carter Drive, Basingstoke, Hampshire RG24 9UL2
£172.5K03/210.54 mi8, Pear Tree Way, Oakridge, Basingstoke, Hampshire RG21 5QE2
£210K02/210.55 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£70K11/200.56 mi75 Aspire Place, Shetland Road, Basingstoke, Hampshire RG24 9WH2
£187K11/220.56 mi59 Aspire Place, Shetland Road, Basingstoke, Hampshire RG24 9WH2
£192.5K02/210.61 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£195K09/210.78 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.78 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£220K12/220.79 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.79 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£205K08/230.85 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£200K02/230.9 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.9 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.9 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.9 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.9 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.9 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.9 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.9 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K09/210.93 mi3, St Catherine Road, Basingstoke, Hampshire RG24 9XG2

Local Rents

15 rents from £950/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£95002/250.12 mi-2
£1,10007/240.17 miMallory Road2
£1,20011/240.2 mi-2
£1,20003/250.21 mi-2
£1,25007/240.27 miAppleton Drive, Basingstoke, Hampshire, RG242
£1,30012/240.31 mi-2
£1,35007/240.36 miWheeler Way, Basingstoke2
£1,30009/240.36 miWheeler Way, Basingstoke, RG242
£1,30007/240.36 miBanbury Way, Basingstoke2
£1,29503/250.37 mi-2
£1,30007/240.4 miAppleton Drive, Basingstoke RG24 9RX2
£1,10007/240.41 miFaringdon Court, Marnel Park, Basingstoke, RG242
£1,50007/240.51 mi-2
£1,05009/240.56 miShetland Road, Basingstoke2
£1,30008/240.56 miScotney Road, Oakridge, Basingstoke, RG212

Local Area Statistics

Population in RG24

31,488

Population in Basingstoke

120,645

Town centre distance

1.79 miles away

Nearest school

0.20 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Price changed to £205,000

March 4, 2025

Listed for £210,000

October 28, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Second Floor Apartment +
  • Spacious Living Room +
  • Balcony +
  • Allocated Parking +
  • Everest Park Development +
  • Estimated Rental Price : £1200 pcm +
  • EPC: B (82) +
  • Council Tax Band: C +
  • Lease : Approximately 111 Years +

Bridges Estate Agents are delighted to present this spacious two-bedroom, two-bathroom apartment situated in the sought-after Everest Park development. Located on the second floor, this well-appointed apartment features an entrance hall with a large airing cupboard for ample storage, a fully tiled three-piece bathroom, and a principal bedroom with a built-in wardrobe and en-suite. The second double bedroom provides additional flexibility, while the expansive living room opens into a modern kitchen. Completing the home, a private balcony offers a perfect spot to enjoy some outdoor space.

Externally the property features allocated parking and visitor parking. Everest Park is located to the north of Basingstoke’s town centre. There is a wide range of shopping and recreational facilities as well as transport links, including a bus station and mainline railway station, which is well served with regular commuter services to London Waterloo in approximately 47 minutes. The M3 motorway runs just south of Basingstoke with access to London and The South. Closer by there is a spacious supermarket, convenience store and good bus links around the town as well as the local primary and secondary schools.

Lease remaining: 111 years as at October 2024
Services Charges: £2200.00 per annum - Reviewed: Annually
Ground Rent: £250.00 per annum - Reviewed: Every 10 Years
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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