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Flaxfield Road, Basingstoke

South East

£270,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
648 sqft

Description

This two-bedroom house presents a valuable opportunity for renovation, ideally situated within walking distance of the town centre's amenities, including the Festival Place Shopping Centre and local transport links to London Waterloo. The property features a kitchen/diner, lounge area, and bathroom with essential fixtures. Out back, you'll find an enclosed garden space along with a brick-built shed. The upstairs comprises two bedrooms and access to an attic room that has yet to be inspected – offering potential for further development. The property is currently not registered at the Land Registry, which may require attention during the purchasing process, making it an intriguing project for investors or first-time buyers looking to customize their own home in the vibrant South East region.

Investment Analysis

(RG21 area)

Above Market Value

This property is priced +24.6% above area average per sq ft

+24.6%
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
£25,000 - £40,000
Target Value
£238,432
10% above area average per sq ft
Potential ROI
-23.1%
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

Flaxfield Road, 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
£989
Based on a loan of £202,500 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