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Whitehead Close, Lychpit, Basingstoke RG24 - Image 1
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Whitehead Close, Lychpit, Basingstoke RG24

South East

£540,000
Listed on 27/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1816 sqft

Description

This four-bedroom detached house represents a promising opportunity for investors or those looking to create their ideal family home in the sought-after area of Lychpit. Set in a quiet cul-de-sac, the property is conveniently located within 3 miles of Basingstoke Town Centre and near the Chineham Shopping Centre, providing easy access to shopping and leisure facilities. Additionally, the nearby Millfield Nature Reserve offers a peaceful retreat for outdoor activities. Internally, the house features three reception rooms including a lounge with access to a conservatory, providing ample space for family gatherings. The utility/cloakroom adds practicality, while an en suite shower room enhances the master bedroom’s appeal. However, the property requires updating throughout, making it an ideal blank canvas for renovation enthusiasts keen on adding value. With double glazed windows and a double width detached garage already in place, there’s a solid base from which to work. Upstairs, each bedroom benefits from decent proportions and built-in wardrobes. The existing bathroom is functional but could benefit from modernisation. Outside, the rear garden is fully enclosed and provides potential for landscaping or outdoor entertainment spaces. The large driveway leads directly to the garage, ensuring convenient parking options. This residence not only offers comfortable living but also significant scope for refurbishment that can transform it into a desirable asset in a well-connected community.

Investment Analysis

(RG24 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£297/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£307
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£747,302
10% above area average per sq ft
Potential ROI
+27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (RG24)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 3.0%
5 year growth: 12.0%
Investment Disclaimer: Analysis based on RG24 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

Whitehead Close, Lychpit, Basingstoke RG24
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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
£1,978
Based on a loan of £405,000 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE