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Gregory Close, Basingstoke, RG21

South East

£220,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1074 sqft

Description

This three-bedroom mid-terraced home presents a significant renovation opportunity, located on the outskirts of Basingstoke town centre. The property is well-positioned for families, with easy access to local schools and just a short walk from mainline train services to London Waterloo. The spacious layout includes an expansive open plan lounge at the front, connecting through an inner hallway that leads to a dining room and kitchen at the rear, complemented by a small conservatory. Upstairs, you'll find three generously sized double bedrooms and a four-piece bathroom suite, all awaiting modernisation. The enclosed front and rear gardens provide potential for outdoor improvement or landscaping. There is communal parking available nearby. Given its need for complete refurbishment, this property is ideal for investors looking to reconfigure or update the living space to maximise its potential in this sought-after area.

Investment Analysis

(RG21 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£205/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£407,701
10% above area average per sq ft
Potential ROI
+31.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (RG21)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +2.6%
5 year growth: +3.2%
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

Gregory Close, Basingstoke, RG21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£785
Based on a loan of £165,000 over 30 years at 3.97% 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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