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Winchester Road, Basingstoke, RG21 7 bed detached house for sale
Winchester Road, Basingstoke, RG21
£495,700
Winchester Road, Basingstoke, RG21
£495,700
Our Summary
- With four bedrooms (two en suite) and three reception rooms, it offers spacious family living or multi-generational potential
- Outdoor & Development PotentialOriginal planning applications included a walled side courtyard (unlikely to be refused on reapplication)
Description
This stunning Grade II listed Tudor home is a rare opportunity for investors and families alike, boasting original wooden beams, period features, and timeless character throughout. With four bedrooms, three reception rooms, and a versatile basement, it offers spacious family living or multi-generational potential. The property has exceptional investment potential, with a high-yield of 13.3%+ (£60k+ annual income) and potential for 16% returns. Additionally, the seven parking spaces generate a significant income of £6,300/year, and the property has strong short-let demand with potential for 20% upside after light upgrades. The property also has outdoor and development potential, with original planning applications included for a walled side courtyard and the option to retain the property as a Higher Multiple Occupation House, qualifying for business rates relief. Located in a prime town centre location, just moments from bars, restaurants, and amenities, this property is a unique and attractive investment opportunity.