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Hill Road, Oakley, Basingstoke RG23

South East

£625,000

Listed on 10/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1211 sqft

Description

This detached bungalow presents a great investment opportunity on the desirable Hill Road. Featuring an entrance hallway that leads into three spacious double bedrooms, a sizable kitchen/dining area, a living room, bathroom, and a handy w/c, this property is primed for renovation. The expansive private rear garden is particularly noteworthy, as it offers significant potential for extension, subject to securing planning permission. With ample driveway parking available, this home caters well to families seeking convenience in the sought-after village of Oakley. The area boasts vibrant community life with local shops, reputable schools, and beautiful walking trails nearby. Excellent transport links to Basingstoke enhance accessibility to London and surrounding areas, making this property an appealing prospect for those looking to invest in a home that can be tailored to personal preferences.

Investment analysis

(RG23 area)

Above Market Value

This property is priced +27.2% above area average per sq ft

+27.2%
This Property
£516/sq ft
Area Average
£406/sq ft
Avg Rent (weekly)
£303
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£540,300
10% above area average per sq ft
Potential ROI
-20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RG23)

Area prices are falling by -4.7% over the last 12 months
3 year growth: +0.6%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on RG23 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

Hill Road, Oakley, Basingstoke RG23
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,361
Based on a loan of £468,750 over 30 years at 4.45% 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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