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Gregory Close, Basingstoke

South East

£240,000Guide Price

Listed on 06/07/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
990 sqft

Description

This three-bedroom end of terrace house presents a substantial opportunity for those interested in a refurbishment project. Currently in need of comprehensive renovation, the property allows potential buyers to tailor their future home to align with personal preferences and modern standards. The layout features a lounge, separate dining room, functional kitchen, and a family bathroom, spread across two levels. Upstairs, there are three spacious bedrooms suitable for families or shared living. The exterior includes an enclosed rear garden, perfect for leisure activities or as a safe play area for children, accompanied by communal parking for both residents and guests. Located in a desirable residential neighbourhood close to local amenities such as shops and schools, as well as excellent transport links to the town center and beyond, this home holds significant investment potential. The surrounding area boasts ample green spaces which enhance the appeal of this location. Offered at auction, this property is ideally suited for those looking to add value through thoughtful renovations while enjoying the convenience of nearby facilities.

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Investment analysis

(RG21 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£242/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£294
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£375,487
10% above area average per sq ft
Potential ROI
+29.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RG21)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +0.8%
5 year growth: +0.5%
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
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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
£907
Based on a loan of £180,000 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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