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Gainsborough Road, Basingstoke

South East

£285,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This end-of-terrace three-bedroom home in Black Dam presents a valuable opportunity for refurbishment and investment. The property is currently in need of comprehensive updating throughout, making it an ideal project for those looking to add value. On the ground floor, you'll find an entrance hallway offering storage space, a cloakroom, a kitchen/dining area, a lounge, and a conservatory that opens onto the enclosed rear garden. The upper floor accommodates three bedrooms along with a family bathroom. The property also benefits from gas central heating and double glazing. Its location provides easy access to major roadways like the M3 and A30, plus the conveniences of nearby shopping facilities at Festival Place. Given its potential and prime location with community amenities and transport links, this property is well-suited for buyers seeking a renovation project that can yield significant returns.

Investment Analysis

(RG21 area)
Area Average
£344/sq ft
Avg Rent (weekly)
£286
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RG21)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +4.8%
5 year growth: +4.0%
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

Gainsborough Road, Basingstoke
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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
£1,009
Based on a loan of £213,750 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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