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Homesteads Road, Basingstoke, Hampshire RG22

South East

£550,000
Listed on 29/04/2026

Property Details

Bedrooms
5
Type
Bungalow

Description

This five-bedroom detached chalet bungalow presents a significant opportunity for those looking to invest in a property with substantial renovation and modernisation potential. Set on a sizable plot, the layout spans two floors, offering flexible living space that can be adapted to suit the needs of growing families or individuals in search of versatile accommodation. The property requires comprehensive updating throughout, allowing new owners to reimagine the interior to reflect their personal style and preferences. Outside, the generous garden area provides ample scope for landscaping efforts or even potential extensions, subject to obtaining the necessary permissions. This is an exceptional chance to secure a spacious home in a sought-after South East location that holds immense promise for transformation.

Investment Analysis

(RG22 area)
Area Average
£383/sq ft
Avg Rent (weekly)
£319
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (RG22)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +8.2%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on RG22 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

Homesteads Road, Basingstoke, Hampshire RG22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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