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Shelley Close, Basingstoke, Hampshire, RG24

South East

£250,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
875 sqft

Description

This three-bedroom mid-terrace home, nestled in a quiet cul-de-sac of Shelley Close, presents a valuable opportunity for renovation and investment. The property's spacious layout offers generous room sizes and an ideal canvas for those looking to personalize their space. Upon entering, you're greeted by a bright hallway that includes practical storage and a convenient ground floor WC. The dining room, situated at the front, provides an excellent setting for family gatherings and flows seamlessly into the kitchen, which boasts ample cupboard space and opens to the rear garden. The living room spans the full width of the home at the back, with large sliding doors allowing for plenty of natural light and direct access to the outdoor area. This space has tremendous potential to be transformed into a contemporary heart of the home. Moving upstairs, you will find three comfortably sized bedrooms that can cater to family needs or be adapted for work-from-home arrangements. The family bathroom features a modern walk-in shower, adding to the home's appeal. Outside, the tiered rear garden has established planting along with patio areas, providing an opportunity for landscaping and customization. Additionally, there is a useful brick-built outbuilding for storage needs. While some updating is needed throughout the property, its solid structure ensures considerable potential for value enhancement—making it an attractive proposition for first-time buyers or investors alike. Conveniently located in RG24, this property is well-placed near local schools, amenities, and transport links, enhancing everyday living while keeping everything accessible.

Investment Analysis

(RG24 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£286/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£313
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£367,868
10% above area average per sq ft
Potential ROI
+33.8%
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

Shelley 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
£885
Based on a loan of £187,500 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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