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Hatch Lane, Old Basing, Basingstoke RG24 - Image 1
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Hatch Lane, Old Basing, Basingstoke RG24

South East

£465,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
807 sqft

Description

This detached bungalow, located in the attractive village of Old Basing, presents a promising opportunity for those looking to invest in a renovation project. While the property currently requires significant modernization, it boasts the potential for expansion and development subject to planning permission. It features a lounge, dining room, three bedrooms, kitchen, and bathroom within its existing layout. The expansive garden spans approximately 200 feet and is predominantly laid to lawn, offering ample space for outdoor enhancements or landscaping. Given the scope of work involved, this property is ideal for buyers keen on transforming it into a modern living space.

Investment Analysis

(RG24 area)

Above Market Value

This property is priced +52.1% above area average per sq ft

+52.1%
This Property
£576/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£336,216
10% above area average per sq ft
Potential ROI
-40.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (RG24)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +3.1%
5 year growth: +12.4%
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

Hatch Lane, Old Basing, Basingstoke RG24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,677
Based on a loan of £348,750 over 30 years at 4.06% 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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