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Park Avenue, Old Basing, Basingstoke RG24

South East

£599,950

Listed on 26/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1464 sqft

Description

This detached bungalow is situated on a desirable road in Old Basing, nestled within a generous plot of approximately 200 feet. While the property is in need of modernisation, it offers substantial living space that could be reimagined to suit contemporary tastes. The layout includes a lounge with a bay window, a dining room, and a kitchen/breakfast room leading into a conservatory. The three bedrooms include a master with an en-suite bathroom and there’s an additional shower room. With ample parking, a garage that incorporates workshop space, and primary gardens adorned with mature plants, this property presents an excellent opportunity for extension or further development (subject to planning permissions). The outdoor spaces are particularly appealing, featuring both front and rear gardens with potential for landscaping enhancements. This bungalow awaits your vision to unlock its full potential as either a family home or investment.

Investment Analysis

(RG24 area)

Above Market Value

This property is priced +7.9% above area average per sq ft

+7.9%
This Property
£410/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£312
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £65,000
Target Value
£611,871
10% above area average per sq ft
Potential ROI
-8.0%
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
25%
Properties sold annually

Local Market Trend (RG24)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +1.7%
5 year growth: +9.7%
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

Park Avenue, Old Basing, Basingstoke RG24
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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
£2,140
Based on a loan of £449,962 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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