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Winchester Road, Basingstoke

South East

£220,000
Listed on 21/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
728 sqft

Description

This two-bedroom terraced house presents a valuable opportunity for those looking to invest in a property with renovation potential. Nestled in a sought-after residential area of Basingstoke, the home is conveniently located near the town centre and is sold with no onward chain. With a well-designed layout, the property features a bright lounge that flows into a separate dining area, allowing for flexible living arrangements. The kitchen offers ample storage and workspace, ideal for daily use while also presenting opportunities for modern updates. Upstairs, two generously sized bedrooms and a family bathroom equipped with both a bath and overhead shower provide comfortable accommodation. The inclusion of permit parking and proximity to local amenities and transport links further enhances its appeal. This house is perfect for first-time buyers, downsizers, or investors willing to undertake some updates to enhance its value.

Investment Analysis

(RG21 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£302/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£294
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£276,476
10% above area average per sq ft
Potential ROI
+15.2%
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 +4.8% over the last 12 months
3 year growth: +6.7%
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

Winchester Road, Basingstoke
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 over 30 years at 4.06% 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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