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Basingstoke, Hampshire, RG22

South East

£585,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2090 sqft

Description

This distinctive chalet-style house presents a fantastic opportunity for those looking to invest in a property with considerable potential for renovation or expansion. Nestled on an expansive plot of around 0.2 acres, this home is conveniently located near local schools and shops, making it an attractive option for families and professionals alike. The property's exterior offers a strong sense of privacy and curb appeal, setting the stage for the possibilities that lie within. Inside, you will find spacious living areas that are well-suited to modern living styles. The ground floor comprises a large lounge area that can easily be reconfigured into a more contemporary open-plan design, alongside a dining space and a functional kitchen. With two double bedrooms and a family bathroom also on this level, the layout caters to various needs, including multigenerational living. Venturing upstairs reveals two further double bedrooms, each featuring en-suite bathrooms, perfect for accommodating family or guests comfortably. The property boasts substantial outdoor space as well, with ample parking available thanks to the large driveway and two garages. These garages hold great potential for conversion into home offices or creative studios. The secluded rear garden is primarily laid to lawn, offering an ideal canvas for landscaping projects or expanding outdoor living spaces such as summerhouses or garden rooms. With no onward chain and situated in desirable Kempshott—a community cherished for its family-friendly atmosphere—this residence allows you to either move in immediately or embark on a journey of modernization at your own pace. This property stands ready to adapt and grow with your lifestyle aspirations.

Investment Analysis

(RG22 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£280/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£330
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£872,700
10% above area average per sq ft
Potential ROI
+35.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (RG22)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 6.1%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on RG22 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

Basingstoke, Hampshire, RG22
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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
£2,143
Based on a loan of £438,750 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.

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