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Chesterfield Road, Basingstoke, Hampshire

South East

£240,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
912 sqft

Description

Located in a well-regarded neighborhood of Basingstoke, this three-bedroom semi-detached home offers a blank canvas for buyers looking to undertake a renovation project. The property is currently vacant, presenting a unique opportunity to reimagine the space according to modern tastes or investment strategies. The ground floor features a sizeable living room and a separate dining area, along with a kitchen that could benefit from an update. On the first floor, you will find three generous bedrooms complemented by a family bathroom and an additional WC, allowing for versatile living arrangements. Outside, the property includes off-street parking and a private garden—ideal for families seeking outdoor space or investors wanting to enhance their rental appeal. The surrounding area boasts an array of amenities such as shops, supermarkets, healthcare services, and recreational facilities. Additionally, reputable primary and secondary schools are nearby, making this location perfect for families. Excellent transport links offer quick access to Basingstoke railway station for direct services to London Waterloo and proximity to the M3 motorway for commuters. This property is being sold via online auction with flexible completion options; thus it represents not just a home but an investment with strong potential.

Investment Analysis

(RG21 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£263/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£346,004
10% above area average per sq ft
Potential ROI
+23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (RG21)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +7.1%
5 year growth: +6.9%
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

Chesterfield Road, Basingstoke, Hampshire
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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
£866
Based on a loan of £180,000 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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