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Peggs Way, Basingstoke, Hampshire

South East

£340,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1526 sqft

Description

This four-bedroom terraced home in Rooksdown presents an appealing opportunity for those looking to invest or renovate. With no onward chain, the property is readily available and poised for transformation. The layout includes a sizable master bedroom featuring an en-suite bathroom, which adds a touch of privacy and convenience. The additional three bedrooms are generously proportioned, allowing for various configurations to suit family needs, home offices, or guest accommodations. With three bathrooms in total, this residence is well-equipped to handle the demands of modern family living. The heart of the home is its main reception area, offering ample space that can easily adapt to both casual everyday use and entertaining guests. The kitchen currently requires updating but holds potential for customization, allowing you to create a culinary space that fits your vision perfectly. Complementing these features is a single garage providing off-street parking or additional storage options. Located in the desirable Rooksdown area, this home benefits from proximity to well-regarded schools, parks, and greenery—ideal for families seeking community-focused living with convenient access to local amenities. The quiet surrounding environment enhances the appeal of this property as a family-friendly option. With its spacious layout and the potential for modernization, this property represents an excellent investment opportunity. Whether you're considering it as a long-term family residence or a renovation project aimed at enhancing value, it invites your personal touch throughout. We recommend scheduling a viewing to fully explore the possibilities this home has to offer.

Investment Analysis

(RG24 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£223/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£307
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£627,964
10% above area average per sq ft
Potential ROI
+61.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (RG24)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 3.0%
5 year growth: 12.0%
Investment Disclaimer: Analysis based on RG24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Peggs Way, Basingstoke, Hampshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,246
Based on a loan of £255,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE