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Lancaster Road, Basingstoke

South East

£415,000
Listed on 20/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1073 sqft

Description

This semi-detached family home, built during the post-war era, presents an exciting opportunity for renovation and investment. Located within a desirable cul-de-sac, it is conveniently situated near the town centre and mainline station with direct links to London Waterloo (approx. 45 minutes). The property features a practical layout with a welcoming hallway leading to a sitting room, dining room, conservatory, kitchen, and downstairs WC on the ground floor. Upstairs, three spacious bedrooms provide ample accommodation alongside a shower room. The exterior includes a double driveway for off-street parking and a generous south-facing garden, complemented by a garage and additional parking space. While the property is currently in need of modernisation, its chain-free status enhances its appeal for buyers looking to create their ideal living space or maximize rental potential.

Investment Analysis

(RG21 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£387/sq ft
Area Average
£339/sq ft
Avg Rent (weekly)
£288
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£399,886
10% above area average per sq ft
Potential ROI
-12.1%
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
29%
Properties sold annually

Local Market Trend (RG21)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 6.0%
5 year growth: 9.9%
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

Lancaster 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
£1,520
Based on a loan of £311,250 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.

Next Steps

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