2 Bed Flat, Single Let, Basingstoke, RG24 9TU, £195,000

Wylie Gardens, Basingstoke, RG24 9TU - a month ago

Leasehold
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
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£59,700

 

 

Cash Out

 

Rent Range

£950 - £1,500

Rent Estimate

£1,088

Running Costs/mo

£847

Cashflow/mo

£241

Cashflow/yr

£2,892

ROI

5%

Gross Yield

7%

Local Sold Prices

43 sold prices from £70K to £255K, average is £187K. £1.2K/m² to £43.5K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£184K12/200.02 mi25, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£186K04/210.02 mi21, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£190K12/200.02 mi13, Wylie Gardens, Basingstoke, Hampshire RG24 9TU2
£192.5K12/200.06 mi10, Tenzing Gardens, Popley, Basingstoke, Hampshire RG24 9TW2
£188.5K06/210.06 mi23, Tenzing Gardens, Popley, Basingstoke, Hampshire RG24 9TW2
£177K03/210.07 mi22, Edmund Court, Basingstoke, Hampshire RG24 9SZ2
£185K02/230.07 mi22, Edmund Court, Basingstoke, Hampshire RG24 9SZ2
£178K12/200.07 mi74, Edmund Court, Popley, Basingstoke, Hampshire RG24 9SZ2
£172.5K12/220.07 mi80, Edmund Court, Popley, Basingstoke, Hampshire RG24 9SZ2
£233K12/220.07 mi11, Tenzing Gardens, Basingstoke, Hampshire RG24 9TW2
£225K05/230.1 mi27, Mallory Road, Basingstoke, Hampshire RG24 9GB2
£199.9K12/220.1 mi50, Mallory Road, Basingstoke, Hampshire RG24 9GB2
£177K12/200.11 mi7, John Hunt Drive, Basingstoke, Hampshire RG24 9TX2
£180K12/220.13 mi11, Bourdillon Gardens, Basingstoke, Hampshire RG24 9GG2
£185K11/210.18 mi23, Tobago Close, Basingstoke, Hampshire RG24 9PX2
£179.9K03/210.22 mi67a, Falkland Road, Basingstoke, Hampshire RG24 9PJ2
£185K11/210.25 mi173, Pershore Road, Basingstoke, Hampshire RG24 9BG2
£167K09/210.34 mi5, Barrington Drive, Basingstoke, Hampshire RG24 9RS2
£165K12/200.34 mi14, Barrington Drive, Basingstoke, Hampshire RG24 9RS2
£165K12/200.36 mi79, Englefield Way, Basingstoke, Hampshire RG24 9SF2
£205K04/210.39 mi33, Warner Close, Basingstoke, Hampshire RG24 9RY2
£70K11/200.45 mi75 Aspire Place, Shetland Road, Basingstoke, Hampshire RG24 9WH2
£187K11/220.45 mi59 Aspire Place, Shetland Road, Basingstoke, Hampshire RG24 9WH2
£97.5K11/210.45 mi25, Egerton Drive, Basingstoke, Hampshire RG24 9FG2
£160K05/230.47 mi31, Banbury Way, Basingstoke, Hampshire RG24 9FR2
£168K06/210.47 mi35, Banbury Way, Basingstoke, Hampshire RG24 9FR2
£255K11/220.52 mi4, Carter Drive, Basingstoke, Hampshire RG24 9UL2
£172.5K03/210.52 mi8, Pear Tree Way, Oakridge, Basingstoke, Hampshire RG21 5QE2
£210K02/210.63 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£192.5K02/210.69 mi38, Upton Crescent, Basingstoke, Hampshire RG21 5SW2
£195K09/210.75 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.75 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£220K12/220.77 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.77 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£205K08/230.84 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£200K02/230.89 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.89 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.89 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.89 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.89 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.89 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.89 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.89 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2

Local Rents

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

RentDateDistanceAddressBeds 
£1,10007/240.1 miMallory Road2
£1,20011/240.1 mi-2
£1,20003/250.1 mi-2
£95002/250.23 mi-2
£1,25007/240.33 miAppleton Drive, Basingstoke, Hampshire, RG242
£1,30012/240.36 mi-2
£1,29503/250.39 mi-2
£1,35007/240.45 miWheeler Way, Basingstoke2
£1,30009/240.45 miWheeler Way, Basingstoke, RG242
£1,05009/240.45 miShetland Road, Basingstoke2
£1,30007/240.46 miAppleton Drive, Basingstoke RG24 9RX2
£1,30007/240.47 miBanbury Way, Basingstoke2
£1,50007/240.47 mi-2
£1,10007/240.51 miFaringdon Court, Marnel Park, Basingstoke, RG242
£1,30008/240.61 miScotney Road, Oakridge, Basingstoke, RG212

Local Area Statistics

Population in RG24

31,488

Population in Basingstoke

120,645

Town centre distance

1.87 miles away

Nearest school

0.20 miles away

Nearest train station

1.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £195,000

March 11, 2025

Floor Plans

Description

  • 2 Double bedrooms +
  • Fully integrated kitchen +
  • En-suite shower room to bedroom 1 +
  • 3 Piece family bathroom suite +
  • Own patio/garden area +
  • An ideal first time purchase +
  • Good size lounge diner +
  • Allocated parking space +
  • Set on the much favoured ground floor +

Yopa are delighted to offer for sale this excellently sized, 2 double bedroom, 2 bathroom ground floor modern apartment with own patio/garden area.  Set in the sought after Everest park development close to good local shops and amenities and ideally located to access Basingstoke mainline train station, Festival Place shopping and junction 6 of the M3 in a few minutes drive.  An ideal first time purchase or an excellent investment opportunity, these properties are always very popular due to their size and most having outside space in a garden/patio or balcony.  This property is located on the much favoured ground floor with its own access directly from the lounge into your own garden/patio area with attractive grounds and views over the green in front.  Internally there are high ceilings throughout the property with 2 large storage cupboards.  Both bedrooms are of equal size and both very good sized double bedrooms. Bedroom 1 benefits from an updated 3 piece en-suite shower room and there is also a separate 3 piece bathroom suite.  To the rear is the large lounge diner and semi open plan kitchen which is fully integrated with fridge freezer, dishwasher and washing machine all integrated.   The lounge diner is large enough for a dining table and sofa area and French doors lead you out to the garden/patio area.  These properties are all gas central heated and have a communal bin and bike storage and an allocated parking space with plenty of additional parking within the close.  Presented in immaculate condition this is an ideal property for someone needed ground floor accommodation, a first time buyer or an investor.    EPC RATING: C Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, South East & London

01322 952994

Next Steps?

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