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Whitehead Close, Lychpit, Basingstoke

South East

£540,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1816 sqft

Description

This four-bedroom detached house offers a unique investment opportunity in a desirable cul-de-sac location in Lychpit, just under three miles from Basingstoke Town Centre. While the property is in need of updating throughout, it boasts three spacious reception rooms, including a lounge that leads into a conservatory, and a practical utility/cloakroom. The master bedroom includes an en suite shower room and walk-in wardrobe, adding to the potential for modern family living. With double glazed windows throughout and a double-width garage, there's a solid foundation to work with. The surrounding area features convenient access to local amenities including the Chineham Shopping Centre and Millfield Nature Reserve, as well as excellent public transport links to London Waterloo via the nearby train station. This home presents an enticing blank canvas for those looking to capitalize on its renovation potential and enhance its value in this sought-after location.

Investment Analysis

(RG24 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£297/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£307
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£747,302
10% above area average per sq ft
Potential ROI
+24.6%
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

Whitehead Close, Lychpit, Basingstoke
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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
£1,978
Based on a loan of £405,000 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