Hatch Lane, Old Basing, Basingstoke
South East
£465,000
Listed on 07/10/2026
Listed on 07/10/2026
The listing
Property details
Bedrooms
3Type
BungalowDescription
This detached bungalow in the sought-after village of Old Basing presents an exciting opportunity for renovation and potential development. The property is in need of full modernisation, making it an ideal project for buyers looking to create their dream home or invest in a property with significant upside. The current layout includes a lounge, dining room, three bedrooms, a kitchen, and a bathroom, all of which are ripe for updating. The expansive garden, approximately 200 feet in length, offers ample outdoor space for landscaping or possible extensions, subject to planning permissions. With its prime location and substantial work required, this property is a blank canvas waiting for the right vision.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: LOW
This detached bungalow in the popular village of Old Basing presents a significant renovation opportunity. While the property requires full modernisation, it offers a blank canvas for potential buyers to create a personalized living space. The spacious garden and the overall layout of the home provide the chance for an extension or reconfiguration, allowing for the possibility of increasing both the living area and potential value.
However, it’s important to note that the condition is quite poor, with dated interiors throughout and a kitchen and bathroom that are particularly in need of attention. The extensive work required, including stripping back to bare bones, will demand a considerable investment, with renovation costs estimated between £100,000 and £200,000. The lack of usable floor area means we can't assess the value against local £/sqf figures, but the guide price of £465,000 is positioned within reach compared to other listings in the area. Just remember that bids can elevate during the sale process, potentially pushing the final price higher than the guide.
Key opportunities
- The spacious garden allows for potential landscaping or extension.
- The layout offers flexibility for reconfiguration to suit modern living needs.
- Substantial renovation can enhance the property's appeal and value significantly.
Key risks
- Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.
- The overall poor condition could present unforeseen issues during renovation.
- High renovation costs may exceed initial estimates and impact the project's feasibility.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,757
Based on a loan of £348,750 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.
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