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Fennel Close, Basingstoke, Hampshire, RG24 - Image 1
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Fennel Close, Basingstoke, Hampshire, RG24

South East

£500,000
Listed on 02/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1618 sqft

Description

This spacious detached house features four generously sized double bedrooms and three reception areas, situated in a quiet cul de sac within the desirable Chineham area. The property represents an excellent investment opportunity, perfect for those looking to modernize and revamp a well-proportioned family home. Fennel Close is located in a serene environment while also offering convenient access to local amenities, schools, and commuting routes. Known for its family-friendly atmosphere, this neighborhood fosters a strong sense of community. The central hallway leads to a practical ground floor layout with a cloakroom/WC and access to all living spaces. A bright dual-aspect living room benefits from bi-fold doors that open onto the rear garden, enhancing the natural light flow; it connects smoothly to the dining area, making it ideal for entertaining guests. Additionally, there’s a sizable third reception room that could serve as an office or playroom. The kitchen offers potential with its existing range of units featuring dual front aspect windows and side access. Upstairs, the first floor comprises four double bedrooms; the principal bedroom has fitted wardrobes and an en-suite shower room, while the other bedrooms share a family bathroom. Set on a generous corner plot with a double garage and parking space for two vehicles, this property boasts a south-west facing garden complete with paved terraces, a raised timber deck, and lawned areas. Well-positioned near reputed schools and healthcare facilities, it also provides excellent transport links via the M3/M4 motorways and Basingstoke railway station for direct routes into London Waterloo. Given its ample living space and appealing location, this property holds significant potential for transformation into an exceptional family residence.

Investment Analysis

(RG24 area)

Below Market Value

This property is priced -19.1% below area average per sq ft

-19.1%
Potential saving
This Property
£309/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£313
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£680,240
10% above area average per sq ft
Potential ROI
+21.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (RG24)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +3.0%
5 year growth: +10.9%
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

Fennel Close, Basingstoke, Hampshire, RG24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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