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Lancaster Road, Basingstoke RG21 - Image 1
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Lancaster Road, Basingstoke RG21

South East

£325,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This spacious three-bedroom semi-detached house presents a promising opportunity for investors or homeowners looking to create their ideal living space. Situated on the outskirts of the town centre in the sought-after South View area, this property offers ample accommodation including a cloakroom, lounge/dining room, kitchen, garden room, and a shower room. Although it requires comprehensive modernization, the generous plot size allows for significant potential improvement. The exterior features include side access to a rear garden which is approximately 90' long, with some areas overgrown and a derelict outbuilding that could be repurposed. The property benefits from no onward chain, making it an attractive proposition for those prepared to undertake renovation work.

Investment Analysis

(RG21 area)
Area Average
£339/sq ft
Avg Rent (weekly)
£288
Avg Yield
6.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (RG21)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 6.0%
5 year growth: 9.9%
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

Lancaster Road, Basingstoke RG21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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.

Next Steps

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