2 Bed Flat, Single Let, Basingstoke, RG21 7UG, £160,000

7th Floor Apartment, Winterthur Way, Basingstoke, RG21 7UG - 1 views - a month ago

Leasehold
BTL
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£2.3K/m²

Value Estimate

£200,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£875 - £3,500

Rent Estimate

£1,150

Running Costs/mo

£750

Cashflow/mo

£400

Cashflow/yr

£4,800

ROI

10%

Gross Yield

9%

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 
£222K08/230.02 mi328, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£200K03/210.02 mi368, Winterthur Way, Basingstoke, Hampshire RG21 7UQ2
£175K04/230.03 mi147, Winterthur Way, Basingstoke, Hampshire RG21 7UE2
£180K05/230.08 mi481, Winterthur Way, Basingstoke, Hampshire RG21 7UW2
£200K12/200.09 mi174, Sinclair Drive, Basingstoke, Hampshire RG21 6AE2
£256K05/230.19 miUpper Flat, 22, Rayleigh Road, Basingstoke, Hampshire RG21 7TH2
£120K04/210.23 mi2, Rayleigh Road, Basingstoke, Hampshire RG21 7TJ2
£212K11/220.3 mi17, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£222K02/230.39 mi6, Wilton Place, Basingstoke, Hampshire RG21 7UD2
£188K01/210.42 mi14, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£245K06/230.42 mi12, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£250K12/220.42 mi21, Millennium Court, Basingstoke, Hampshire RG21 7RA2
£218K10/210.47 mi105, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£212.5K12/200.47 mi82, Penrith Road, Basingstoke, Hampshire RG21 8UR2
£177.5K01/210.48 mi11, Lawrence Dale Court, Basingstoke, Hampshire RG21 8FP2
£220K02/210.54 mi9, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£229K04/210.54 mi10, Devonshire Place, Basingstoke, Hampshire RG21 8UU2
£200K07/230.59 miFlat 7, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£98.5K07/210.59 miFlat 6, Lauriston Court, London Road, Basingstoke, Hampshire RG21 4BB2
£192.5K02/210.62 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
£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
£200K02/230.67 miFlat 87, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£185K09/210.67 miFlat 63, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£186.5K02/230.68 miFlat 66, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K12/200.68 miFlat 58, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£205K04/230.68 miFlat 23, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£190K03/230.68 miFlat 73, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£200K07/230.68 miFlat 74, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£195K02/230.68 miFlat 80, Regent Court, Norn Hill, Basingstoke, Hampshire RG21 4HP2
£203K02/210.68 mi161a, Winchester Road, Basingstoke, Hampshire RG21 8YF2
£205K08/230.71 mi12, Norn Hill Close, Basingstoke, Hampshire RG21 4HF2
£210K02/210.72 mi81, Stratfield Road, Basingstoke, Hampshire RG21 5RT2
£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
£220K12/220.76 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£198K11/200.76 mi25, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£195K09/210.79 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£202K10/220.79 mi29, Brocas Drive, Basingstoke, Hampshire RG21 5LS2
£172.5K03/210.85 mi8, Pear Tree Way, Oakridge, Basingstoke, Hampshire RG21 5QE2
£185K01/230.85 mi31, Russell Road, Basingstoke, Hampshire RG21 3EU2
£200K02/210.85 mi52, Russell Road, Basingstoke, Hampshire RG21 3EU2
£210K01/230.85 mi39, Russell Road, Basingstoke, Hampshire RG21 3EU2
£224K05/230.85 mi24, Russell Road, Basingstoke, Hampshire RG21 3EU2
£185K12/220.85 mi34, Russell Road, Basingstoke, Hampshire RG21 3EU2
£225K02/230.85 mi44, Russell Road, Basingstoke, Hampshire RG21 3EU2

Local Rents

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

RentDateDistanceAddressBeds 
£1,20007/240 miWinterthur Way2
£1,25007/240 miWinterthur Way2
£1,20007/240.01 miWinterthur Way2
£1,15007/240.01 miWinterthur Way2
£1,30008/240.01 miWinterthur Way, Basingstoke, Hants, RG21 7UF2
£2,98704/250.01 mi-2
£1,26002/250.01 mi-2
£1,20007/240.02 miWinterthur Way, Town Centre, Basingstoke, Hampshire2
£1,30010/240.02 mi-2
£1,20007/240.02 miWinterthur Way2
£95007/240.03 mi-2
£1,20007/240.03 miWinterthur Way, Basingstoke, RG212
£87507/240.03 miTown Centre, RG212
£1,25007/240.03 miWinterthur Way RG212
£1,25011/240.03 mi-2
£1,20007/240.03 miWinterthur Way2
£1,20007/240.03 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,30008/240.03 miWinterthur Way, Basingstoke, Hants, RG21 7UE2
£1,20006/240.03 mi-2
£1,30007/240.04 miWinterthur Way, Basingstoke, Hampshire, RG212
£1,45003/250.04 mi-2
£1,35008/240.05 mi-2
£1,25007/240.05 miWinterthur Way, Basingstoke, RG212
£1,35001/250.05 mi-2
£1,15007/240.06 miWinterthur Way, Victory Hill, Basingstoke, RG212
£1,25007/240.06 miWinterthur Way, BASINGSTOKE2
£1,25007/240.06 miWinterthur Way, Victory Hill, Basingstoke2
£1,30006/240.07 mi-2
£1,20007/240.09 miSinclair Drive2
£1,40008/240.09 miSinclair Drive, Basingstoke2
£1,24507/240.1 miWinterthur Way, Central Basingstoke2
£1,60007/240.1 miLilly Court, Basingstoke, RG212
£1,55004/250.11 mi-2
£1,55003/250.11 mi-2
£1,00011/240.12 mi-2
£1,35007/240.12 mi-2
£3,50009/240.16 mi-2
£1,32511/240.16 mi-2
£1,39507/240.16 miChapel Gate, Basingstoke2
£1,40007/240.16 mi-2
£1,40007/240.16 mi-2
£1,42510/240.17 mi-2
£1,29511/230.17 mi-2
£1,29506/240.17 mi-2
£1,30008/240.17 miSinclair Drive, Basingstoke, RG212
£1,50007/240.17 miBrookvale Close, Town Centre2
£1,20007/240.17 miSinclair Drive, Basingstoke, Hants, RG212
£1,25008/240.18 miSinclair Drive, Basingstoke, Hampshire, RG212
£1,32507/240.19 miFlaxfield Court, Basingstoke, Hampshire, RG212

Local Area Statistics

Population in RG21

26,623

Population in Basingstoke

120,645

Town centre distance

0.76 miles away

Nearest school

0.50 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £160,000

March 13, 2025

Description

  • Two Bedrooms +
  • Open Plan Living +
  • En Suite Shower Room +
  • No Onward Chain +
  • Balcony +
  • 7th Floor +
  • Yearly Service Charges: £2,502.59 +
  • Ground Rent: £175 per annum for the first 25 years this will go up to £525 from 2028 +

SUMMARY
A TWO BEDROOM 7th floor apartment offered to the market with NO ONWARD CHAIN and features open plan living, fitted kitchen, En suite shower room, bathroom and BALCONY.

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 
Storage cupboards, cupboard housing hot water tank, doors to;

Open Plan Lounge/Kitchen 27' x 9' 7" (not into recess) ( 8.23m x 2.92m (not into recess) )
Lounge:
Three double glazed glass panel door leading to balcony, security entrance phone system.

Kitchen:
Roll top work surfaces with cupboards and drawers under and cupboards over, fitted four ring electric hob with hood over, fitted electric oven, concealed upright fridge-freezer, space for washing machine, space for dishwasher.

Bedroom One 13' x 9' 10" ( 3.96m x 3.00m )
Double glazed window to rear aspect, double wardrobe, door to:

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

Bedroom Two 12' 3" x 8' 2" ( 3.73m x 2.49m )
Double glazed window to rear aspect.

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

We currently hold lease details as displayed above, should you require 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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