Alexandra Road, Basingstoke, Hampshire, RG21
BR

Alexandra Road, Basingstoke, Hampshire, RG21

By Bridges Estate Agents

£ 595,000

Reviews

2 out of 5 stars

Bridges Estate Agents says ..

Bridges Estate Agents offer to the market this fantastic investment opportunity with no onward chain. The freehold property consists of four apartments all rented out on an individual basis and bring in an impressive yield! Both ground floor and first floor feature a two bedroom and one bedroom a...

Property Oracle says ..

This property on Alexandra Road, Basingstoke, is presented as a multi-unit investment opportunity. The listing details highlight its potential as a rental property, comprising several apartments. The photos reveal a mix of modern and somewhat dated interior features. Some areas, such as the kitchens and bathrooms, appear recently renovated with contemporary finishes. However, other parts of the house show varying levels of maintenance and furnishing. The property benefits from a relatively convenient location, being near the town center, train station, and several schools. While having a small rear garden is an added plus for the tenants, the overall quality of the exterior garden seems to be fairly basic and needs further development. The pricing of £595,000 requires additional context. It’s crucial to review the individual rental income from each apartment to ascertain the property’s overall return on investment and whether it represents fair value considering the market in Basingstoke, specifically Brookvale and King’s Furlong. The lack of precise square footage for the entire property makes it challenging to determine a precise price-per-square-foot analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
3
Bedrooms
6
Bathrooms
4
Sqft (est)
1,016.44

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
226,000.00 £
Decreased by 11.38 %
from 255,019.00 £
Est sale value
324,244.36 £
Decreased by 8.33 %
from 353,721.12 £
Average area rental value
1,211.00 £/mo
Decreased by 2.26 %
from 1,239.00 £/mo
Est letting value
1,016.44 £/mo
Unchanged by 0.00 %
from 1,016.44 £/mo
Est rental Yield
6.43 %
Increased by 10.29 %
from 5.83 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Bridges Estate Agents marked this listing as sold.

  • Bridges Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Basingstoke College Of TechnologyFurther EducationGood0.42 KM
King'S Furlong Infant School And NurseryCommunity SchoolRequires improvement0.71 KM
Kings Furlong Junior SchoolCommunity SchoolGood0.82 KM
CranbourneCommunity SchoolGood1.01 KM
St John'S Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood1.20 KM

Images

Picture No. 18 Picture No. 06 Picture No. 08 Picture No. 28 Picture No. 07 Picture No. 03 Picture No. 05 Picture No. 10 Picture No. 14 Picture No. 11 Picture No. 16 Picture No. 19 Picture No. 20 Picture No. 22 Picture No. 23 Picture No. 25 Picture No. 26 Picture No. 24 Picture No. 27

Nearby Streets

NameAverage PriceAverage SqftDistance
Attwood Close £ 000.00 KM
Queensdale Court £ 000.00 KM
Kingsvale Court £ 000.00 KM
Winchester Road (Shaftesbury Terrace) £ 000.00 KM
Kingfisher Court £ 185,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Basingstoke5520BSK1.40 KM
Bramley (Hampshire)5500BMY8.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Alexandra Road, Basingstoke, Hampshire, RG21 £ 375,000BUY6 / 100.03 KM
Alexandra Road, Basingstoke, RG21 £ 400,000BUY7 / 100.06 KM
Alexandra Road, Basingstoke, RG21 £ 380,000BUYUnknown0.06 KM
George Street, Basingstoke, RG21 £ 375,000BUY6 / 100.07 KM
George Street, Basingstoke £ 325,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
27 Alexandra Road £ 317,5000.05 KM
13 Alexandra Road £ 218,5000.05 KM
3 Alexandra Road £ 365,0000.05 KM
15 Alexandra Road £ 351,5620.05 KM
2 Alexandra Road £ 352,0000.05 KM