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Turnpike Way, Oakley, Basingstoke

South East

£400,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1055 sqft

Description

This three-bedroom semi-detached house in the desirable village of Oakley is presented with no onward chain, making it an appealing option for those looking to invest in property. The home is in need of modernization throughout, offering ample space and flexibility for enhancements that can reflect personal style and meet specific needs. Current features include a spacious living room adorned with parquet flooring, a kitchen dining area, three generously sized bedrooms, and a family bathroom. Additionally, there’s a versatile ground floor reception room that could serve as an extra bedroom or a home office. Outside, the property enjoys a private rear garden along with off-road parking and a garage. Oakley provides a lovely community atmosphere with access to local amenities such as shops, a post office, pubs, healthcare services, and reputable schools. For nature enthusiasts, the area boasts various countryside walks and green spaces. Commuters will appreciate the excellent transport links facilitating travel to Basingstoke town centre, the M3 motorway, and direct rail connections to London Waterloo. This property holds significant investment potential in its current condition, presenting an opportunity for buyers aiming to add value and transform it into an ideal family residence.

Investment Analysis

(RG23 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£379/sq ft
Area Average
£395/sq ft
Avg Rent (weekly)
£316
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£458,514
10% above area average per sq ft
Potential ROI
+4.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG23)

Area prices are falling by -2.8% over the last 12 months
3 year growth: +1.1%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on RG23 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

Turnpike Way, Oakley, Basingstoke
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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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