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Burgess Road, Basingstoke, RG21

South East

£395,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
947 sqft

Description

This three-bedroom semi-detached house presents a promising opportunity for renovation and investment, positioned just north of Basingstoke's town center. Its proximity to both the mainline train station and the shopping center makes it an ideal location for potential buyers looking for convenience and accessibility. The property comes with off-street parking and is offered with no onward chain, simplifying the acquisition process. Upon entering, you are welcomed into a hallway that leads to an open-concept sitting room and dining area, where French doors provide access to the rear garden—ideal for creating a seamless indoor-outdoor living space. The kitchen is located at the back of the property, featuring a side entrance that connects to both the garden and the front driveway. The first floor comprises three bedrooms and a bathroom, offering flexible living arrangements. While the property requires modernisation, it holds significant potential for reconfiguration or enhancement to suit contemporary tastes. Outside, the front offers a driveway for off-road parking and a side gate that leads directly to the rear of the house. The generous back garden is fully enclosed, predominantly laid to lawn with flower beds lining either side and includes a terrace area adjoining the home—perfect for landscaping or creating outdoor entertaining spaces. Additionally, there’s a garden storage unit along with a WC. Located within the South View Conservation Area, this home benefits from Basingstoke's extensive range of amenities including recreational facilities and educational institutions—all easily reachable by car via M3 Junction 6 or through frequent rail services to London Waterloo in approximately 45 minutes. Overall, this property not only provides immediate living space but also opportunities for future value enhancement through modernization efforts—making it an attractive option for investors or those seeking to make their mark on a classic semi-detached home.

Investment Analysis

(RG21 area)

Above Market Value

This property is priced +24.7% above area average per sq ft

+24.7%
This Property
£417/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£279
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£348,449
10% above area average per sq ft
Potential ROI
-21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (RG21)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 7.3%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on RG21 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

Burgess Road, Basingstoke, RG21
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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
£1,447
Based on a loan of £296,250 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