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4 Bed Detached House For Sale Basingstoke, RG25

£800,000- Detached

Yield: 3.44%
1 of 10
Yield: 3.44%
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  • Rental Guide: £1,830 - £2,290
  • 4 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Tenure: Freehold
  • 4 Bedrooms
  • 2 Reception Rooms
  • 2 Bathrooms
  • Modern
  • Garden
  • Private Parking
  • Annexe
Last Updated: 29th February 2020

Description

Westlea is a delightful village home offering versatile living, including a sitting room with bedroom/mezzanine above and well-appointed kitchen/breakfast room, enjoying fine views over the surrounding countryside. Completing the ground floor is a utility room and shower room. On the first floor, there are three bedrooms, served by the family bathroom and a separate WC. There is separate access to a potential attached annexe, including a kitchenette and cloakroom on the ground floor and study/studio above. Outside, the property is approached over a gravel driveway with ample parking, leading on to the garage. To the front is an area of level lawn, surrounded by hedging. The rear garden enjoys far reaching countryside views and comprises an area of lawn surrounded by flower and shrub beds, together with a garden store.


Basingstoke 6 miles (London Waterloo from 44 minutes). Winchester 13 miles, M3 (Junction 7) 1 mile. All distances and times are approximate.

Westlea is located on the edge of the much sought after village of Dummer, within which is a public house, church, village hall, tennis club, recreation ground, cricket and golf club. There is a good local shop in nearby North Waltham. Basingstoke, with its extensive range of facilities, is close by and Winchester is within thirteen miles. There are primary schools in North Waltham and Preston Candover and independent schools nearby include Princes Mead, Daneshill, Horris Hill, Cheam, Farleigh, St Swithun's, Downe House and Winchester College.

Agent Details
Knight Frank - Sales
London Street, Basingstoke, RG21 7PG
Show Contact Number
01256 350 600

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been fully classified.
3.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£39000
Average tax rates on this property type will have a moderate impact on future price growth for this property type.
5.1

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
3

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Property Image
3.0
£995,000
Detached
Yield: 3.52%
ROCI: 8%
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Rental Data
Sorry, there are few recent rental listings in proximity to this property.

4 Bedroom properties in “RG25” are mostly listed between £1,830 - £2,290 based on the 4 recent listings found.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested