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Kempshott Lane, Basingstoke RG22 5LT

South East

£500,000

Listed on 28/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
773 sqft

Description

Located in a desirable area of Basingstoke, this two-bedroom detached bungalow offers a unique opportunity for those looking to invest in a property with significant potential. Spanning nearly a quarter of an acre, the generous plot allows for various modernization and expansion options, contingent upon securing the necessary planning approvals. The interior boasts a spacious layout enhanced by large windows that invite ample natural light, creating an inviting atmosphere ready for transformation. The extensive outdoor space further enhances the property's appeal, providing an exceptional chance to develop a tailored living environment or even explore opportunities for redevelopment, subject to planning permission. With no onward chain, this property presents an efficient pathway to your renovation ambitions. Positioned on Kempshott Lane, it benefits from established surroundings and convenient access to local amenities and transport links. Opportunities like this are rare in such sought-after locations, making prompt interest advisable.

Investment Analysis

(RG22 area)

Above Market Value

This property is priced +68.9% above area average per sq ft

+68.9%
This Property
£647/sq ft
Area Average
£383/sq ft
Avg Rent (weekly)
£319
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£325,707
10% above area average per sq ft
Potential ROI
-40.8%
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
44%
Properties sold annually

Local Market Trend (RG22)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +8.2%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on RG22 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

Kempshott Lane, Basingstoke RG22 5LT
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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
£1,784
Based on a loan of £375,000 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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