2 Bed Flat, Single Let, Basingstoke, RG21 7UN, £180,000

Winterthur Way, Basingstoke, RG21 7UN - 2 views - 2 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+25 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£219,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£875 - £3,500

Rent Estimate

£1,150

Running Costs/mo

£813

Cashflow/mo

£338

Cashflow/yr

£4,050

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
£200K12/200.05 mi174, Sinclair Drive, Basingstoke, Hampshire RG21 6AE2
£175K04/230.06 mi147, Winterthur Way, Basingstoke, Hampshire RG21 7UE2
£256K05/230.17 miUpper Flat, 22, Rayleigh Road, Basingstoke, Hampshire RG21 7TH2
£120K04/210.22 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
£188K01/210.37 mi14, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£245K06/230.37 mi12, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£250K12/220.37 mi21, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£177.5K01/210.44 mi11, Lawrence Dale Court, Basingstoke, Hampshire RG21 8FP2
£218K10/210.45 mi105, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£212.5K12/200.45 mi82, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£220K02/210.52 mi9, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£229K04/210.52 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
£216K08/230.63 mi12c, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£225K11/200.63 mi12b, Beaconsfield Road, Basingstoke, Hampshire RG21 3DP2
£192.5K02/210.63 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£199.9K11/220.65 mi23, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£190K04/210.65 mi17, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£183.5K02/210.65 mi45, Sylvia Close, Basingstoke, Hampshire RG21 3ND2
£203K02/210.66 mi161a, Winchester Road, Basingstoke, Hampshire RG21 8YF2
£200K02/230.72 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.72 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
£210K02/210.73 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
£205K08/230.76 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£220K12/220.81 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.81 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£195K09/210.83 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.83 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£220K02/230.85 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 
£1,35001/250.01 mi-2
£1,45003/250.03 mi-2
£1,20007/240.03 miWinterthur Way, Town Centre, Basingstoke, Hampshire2
£1,20007/240.03 miWinterthur Way2
£1,25007/240.03 miWinterthur Way, Basingstoke, RG212
£1,25011/240.03 mi-2
£95007/240.04 mi-2
£1,20007/240.04 miWinterthur Way2
£1,25007/240.04 miWinterthur Way2
£1,20007/240.05 miWinterthur Way2
£1,15007/240.05 miWinterthur Way2
£1,30008/240.05 miWinterthur Way, Basingstoke, Hants, RG21 7UF2
£1,30006/240.05 mi-2
£2,98704/250.05 mi-2
£1,20007/240.05 miSinclair Drive2
£1,40008/240.05 miSinclair Drive, Basingstoke2
£1,26002/250.05 mi-2
£1,24507/240.06 miWinterthur Way, Central Basingstoke2
£1,30010/240.06 mi-2
£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
£1,20007/240.07 miWinterthur Way, Basingstoke, RG212
£87507/240.07 miTown Centre, RG212
£1,25007/240.07 miWinterthur Way RG212
£1,30007/240.07 miWinterthur Way, Basingstoke, Hampshire, RG212
£1,20006/240.07 mi-2
£1,00011/240.08 mi-2
£1,15007/240.09 miWinterthur Way, Victory Hill, Basingstoke, RG212
£1,25007/240.09 miWinterthur Way, BASINGSTOKE2
£1,35008/240.1 mi-2
£1,25007/240.1 miWinterthur Way, Victory Hill, Basingstoke2
£1,60007/240.11 miLilly Court, Basingstoke, RG212
£1,55003/250.11 mi-2
£1,30008/240.12 miSinclair Drive, Basingstoke, RG212
£1,20007/240.13 miSinclair Drive, Basingstoke, Hants, RG212
£1,55004/250.13 mi-2
£1,25008/240.14 miSinclair Drive, Basingstoke, Hampshire, RG212
£1,50007/240.14 miBrookvale Close, Town Centre2
£1,42510/240.14 mi-2
£1,29511/230.15 mi-2
£1,29506/240.15 mi-2
£1,35007/240.15 mi-2
£1,40007/240.15 mi-2
£1,40007/240.15 mi-2
£1,25008/240.16 miSinclair Drive2
£1,35007/240.19 miSinclair Drive, Basingstoke RG212
£1,32507/240.2 miFlaxfield Court, Basingstoke, Hampshire, RG212
£3,50009/240.2 mi-2

Local Area Statistics

Population in RG21

26,623

Population in Basingstoke

120,645

Town centre distance

0.71 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

Listed for £180,000

February 14, 2025

Floor Plans

Description

  • Two/Three Bedrooms +
  • No Onward Chain +
  • Study/ Dining Room +
  • Town Centre +
  • Garage +
  • En Suite +

SUMMARY
A TWO/THREE BEDROOM Second Floor APARTMENT offered to the market with NO ONWARD CHAIN and features en suite shower room, study/ dining room, fitted kitchen, and GARAGE

DESCRIPTION
Situated in the Town Centre of Basingstoke, the property is within walking distance to the Festival Place Shopping Centre, mainline Train Station to London Waterloo and Bus Station. The town offers a variety of shops, including restaurants, bars, convenience stores, supermarkets as well as entertainment facilities such as the Vue Cinema. The M3, A33 and A339 are all easily accessible via car, offering plenty of travel links. The property also benefits from being within close proximity of a number of parks, providing opportunity for walks and fresh air.

Entrance Hall 
Double glazed window, double cupboard housing hot water tank, doors to bedroom one, bedroom two and bathroom. Doorway to:

Kitchen 10' x 10' (not into door recess) ( 3.05m x 3.05m (not into door recess) )
Roll top work surfaces with cupboards and drawers under and cupboards over, one and a half bowl stainless steel sink with drainer and mixer tap, double glazed window, fitted four ring electric hob with hood over and oven under, space for washing machine, space for upright fridge-freezer, door to:

Study/ Dining Room 10' 1" x 9' 6" ( 3.07m x 2.90m )
Double glazed window with Juliet balcony.

Bedroom One 12' 3" (irregular shape max) x 10' 4" (not into recess) ( 3.73m (irregular shape max) x 3.15m (not into recess) )
Double glazed window, double wardrobe, door to:

En Suite Shower Room 
Fully tiled shower cubicle, low level WC, pedestal wash hand basin, part tiled walls, heated towel rail.

Bedroom Two 9' 9" x 7' 10" ( 2.97m x 2.39m )
Double glazed window.

Bathroom 
Panel enclosed bath with mixer tap and shower attachment, low level WC, pedestal wash hand basin, heated towel rail. part tiled walls, double glazed frosted window.

Garage 
We have not been able to inspect the garage.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Basingstoke

01256 679188

Next Steps?

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