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Flaxfield Road, Basingstoke RG21 - Image 1
Flaxfield Road, Basingstoke RG21 - Image 2
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Flaxfield Road, Basingstoke RG21

South East

£270,000
Listed on 27/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
648 sqft

Description

This two-bedroom house is situated conveniently near the town center, providing easy access to local amenities such as the Festival Place Shopping Centre, which features a variety of shops and dining options. The property includes essential features like a kitchen/diner, lounge, bathroom, double-glazed windows, and a private rear garden. With the mainline train station and bus station nearby, travel connectivity to London Waterloo and surrounding areas is highly accessible. The home has potential for renovation to create modern living spaces while benefiting from its proximity to parks like War Memorial Park and Eastrop Park. Additionally, it is important to note that the property may not be registered at the Land Registry, which could impact future ownership processes unless addressed during conveyancing. Overall, this property offers an excellent investment opportunity for those looking to enhance its value through thoughtful refurbishment.

Investment Analysis

(RG21 area)

Above Market Value

This property is priced +24.6% above area average per sq ft

+24.6%
This Property
£417/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£279
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£238,432
10% above area average per sq ft
Potential ROI
-23.1%
After renovation
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
28%
Properties sold annually

Local Market Trend (RG21)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 7.3%
5 year growth: 11.3%
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

Flaxfield 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
£989
Based on a loan of £202,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE