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Saffron Close, Chineham RG24

South East

£400,000
Listed on 05/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1232 sqft

Description

Presented without any onward chain, this spacious four-bedroom residence in the sought-after Saffron Close neighborhood of Basingstoke is an excellent opportunity for those looking to invest in a property with significant renovation potential. Spanning roughly 1,232 sq. ft., excluding the garage, this home offers ample space that can be tailored to fit modern living needs. The ground floor features a generously sized living room alongside a separate dining area and a kitchen/breakfast room ripe for reconfiguration or transformation into an open-plan layout, pending appropriate permissions. Additionally, there’s a practical utility room and a cloakroom, with access to a large double garage. Upstairs, you will find four bedrooms; three are well-sized doubles and one smaller single bedroom that can serve as an ideal study or home office. A family bathroom and a separate WC enhance the functionality of the first floor. Outside, the property boasts a private rear garden awaiting landscaping ideas for outdoor enjoyment and entertainment. The front features off-road parking and access to the generous garage. Located in the tranquil setting of Chineham, this property is well-situated near local amenities including schools, shops, and green spaces. Basingstoke town center is easily accessible, offering diverse shopping and leisure options while also providing excellent transport links via mainline railway services to London Waterloo within approximately 45 minutes and convenient road access via the M3 to London and the South Coast.

Investment Analysis

(RG24 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£325/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£313
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£517,957
10% above area average per sq ft
Potential ROI
+15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (RG24)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +3.0%
5 year growth: +10.9%
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

Saffron Close, Chineham RG24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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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