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Wallis Road, Basingstoke, Hampshire, RG21

South East

£400,000
Listed on 12/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1458 sqft

Description

This spacious Victorian semi-detached villa, spanning approximately 1450 sq ft, is nestled within the desirable Fairfields Conservation Area, just moments from Basingstoke's vibrant town centre and mainline train station. This property presents a compelling opportunity for buyers seeking to transform a character-filled residence into their ideal home through comprehensive modernization. Offering no onward chain, it is ready for new owners to begin their renovation journey. With accommodation set over three well-designed floors, the home retains many charming period features such as high ceilings and bay windows, contributing to its appeal. The ground floor boasts two bright reception rooms alongside a kitchen that opens out to the garden, making it an ideal candidate for creating an inviting open-plan living space. Additionally, this level includes a bathroom and utility area that could be reconfigured to enhance functionality. On the first floor, you will find three sizable bedrooms complemented by a family bathroom and separate WC. The second floor features a generous double bedroom with skylights that offers potential for use as a master suite or home office. Outside, the property benefits from a large rear garden predominantly laid to lawn with outdoor seating areas. Its private setting is surrounded by mature foliage, providing an excellent canvas for landscaping or possible extensions (subject to planning conditions). While the property requires updating throughout, its substantial size and prime location offer remarkable investment potential for those looking to create a stunning family home.

Investment Analysis

(RG21 area)

Below Market Value

This property is priced -20.3% below area average per sq ft

-20.3%
Potential saving
This Property
£274/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£286
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£552,108
10% above area average per sq ft
Potential ROI
+20.0%
After renovation
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

Wallis Road, Basingstoke, Hampshire, RG21
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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
£1,417
Based on a loan of £300,000 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.

Stamp Duty Calculator

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