Sold STC Maisonette

56 WATERTOWER WAY

BASINGSTOKE, HAMPSHIRE RG24 9RF

1 beds 1 baths 50 m² Listed 23 Jun 2025 (-405d)

£179,950

Reduced on 29 Jul 2025

Save

Outside Hallway Lounge Kitchen Lounge Bedroom Bedroom Shower Room Garden Front Garden

/ 11

Property details

Tenure

LEASEHOLD

Floor area

50 m²

Council tax band

B

EPC rating

C

Last sold

£176,000 Feb 2026

Price per m²

£3,599/m²

Local average

£173,997 (+3.4%)

Deprivation

Decile 7 (23,179 of 33,755)

Street crime

108 incidents within 1 mile (May 2026)

Key features

  • Ground Floor Character Conversion
  • High Ceilings & Original Sash Windows
  • Spacious Open-Plan Lounge/Diner
  • Private Courtyard Garden
  • Gas Central Heating
  • Allocated Parking
  • Historic Development Converted by Thomas Homes
  • Re-Fitted Shower Room

Additional details

Electricity
Mains supply
Broadband
FTTC (fibre to the cabinet)
Water
Mains supply
Sewerage
Mains supply
Heating
Gas central
Accessibility
Lateral living, Level access
Parking
Allocated
Garden
Yes

Description

** Charming Ground Floor Conversion with Courtyard Garden & Parking - Ideal for First-Time Buyers or Downsizers

Tucked within a characterful development on the fringes of Basingstoke's town centre, this ground floor apartment forms part of a beautifully converted period building and offers a blend of space, style, and practicality.

Step inside to discover a light-filled open-plan living area with impressively high ceilings, tall sash windows, and direct access to a private courtyard-style garden. The fitted kitchen is neatly arranged and flows well into the dining and lounge space - ideal for hosting or relaxing.

The double bedroom is a generous size and comes complete with built-in wardrobes. A re-fitted shower room complements the property, and there's useful additional storage in the hallway.

Externally, the property enjoys a private outdoor seating area, perfect for summer evenings, and also benefits from allocated parking close to the front door.

A great combination of character and convenience - whether you're looking to get on the ladder or scale things back, this unique property could be just what you're after. 

FRONT DOOR TO  

ENTRANCE HALL Welcoming and well-proportioned, the hallway benefits from a side-aspect window that brings in natural light, enhancing the bright and airy feel. There's space for bookshelves or a console table, a wall-mounted radiator for warmth, and direct access to the main living area. Ideal for greeting guests with a touch of charm. 

LOUNGE/KITCHEN Lounge / Dining Room
This spacious and inviting reception area is filled with natural light thanks to tall sash windows on both aspects and a glazed door leading out to the private courtyard. High ceilings add to the sense of space, while neutral tones and soft carpeting create a warm and relaxed feel. There's ample room for both dining and lounge furniture, making it a fantastic social space for relaxing or entertaining.

Kitchen
Open to the main living area, the kitchen is smartly laid out with a range of sleek wall and base units, finished with rolled-edge worktops. It features a fitted electric oven, four-ring gas hob with extractor hood, and space for a dishwasher, washing machine, and fridge/freezer. A large sash window above the sink brings in plenty of light and offers a pleasant outlook.

 

HALLWAY A practical link between the living space and the bedroom/shower room, this inner hallway includes a useful built-in storage cupboard - ideal for linen, cleaning supplies, or general household items. Neutrally decorated and well-lit, it helps maintain a smooth flow throughout the property. 

BEDROOM A well-proportioned double bedroom featuring a tall sash window that fills the space with natural light. The room benefits from a fitted double wardrobe providing ample storage, while the neutral décor and soft carpeting create a peaceful, comfortable environment. A radiator sits below the window, and there's still plenty of space for additional furniture or a desk if required. 

RE-FITTED SHOWER ROOM Smartly finished and well-lit, this modern shower room features a generous walk-in enclosure with glass screen and wall-mounted shower, ideal for ease of use. The suite includes a close-coupled WC and wall-hung wash basin, with tiled walls and wood-effect flooring adding a stylish, low-maintenance finish. A large window provides ventilation and natural light, while a tiled ledge offers practical storage space for toiletries. 

OUTSIDE  

COURTYARD GARDEN Accessed directly from the living area, this low-maintenance courtyard offers a charming outdoor retreat. Enclosed by decorative railings and attractively paved, it's perfect for container gardening, morning coffee, or unwinding in the sun. Surrounded by well-kept communal grounds and mature planting, the setting is peaceful and pleasantly tucked away while still being moments from the allocated parking and nearby amenities 

PARKING The property benefits from one allocated parking space located conveniently close to the entrance. There are also additional visitor bays available within the development, offering easy parking for guests. 

Location - Rooksdown / Limes Park Set within the heart of the Park Prewett redevelopment, Watertower Way forms part of a unique and historically rich setting. Originally serving as a military hospital for Canadian forces during the First World War, the site later became a psychiatric hospital and once again played a role during the Second World War. Decades later, the area was thoughtfully transformed by developer Thomas Homes, who converted the original hospital buildings into distinctive residential homes. This regeneration gave rise to what is now known as Limes Park - the focal point of the newly established civil parish of Rooksdown.

 

KEY FACTS FOR BUYERS ** Tenure: Leasehold
Lease Term: 999 years from 1 April 2007
Ground Rent: £0
Current Service Charge: £1396.46 per annum (subject to annual review)
EPC Rating: C (Score: 78)
Council Tax Band: B
Local Authority: Basingstoke and Deane Borough Council
Conservation Area
Watertower Way lies within the Park Prewett Conservation Area, designated in 1998 by Basingstoke & Deane Borough Council. As such, any external alterations or works to trees require prior notice or consent. Full details are set out in the Council's Conservation Area Appraisal. 

Listed by

Basingstoke

The Property Franchise Group

Reference: 163665527

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 28/11/2019

Expiry date: 27/11/2029

Current heating cost: £243/year

Potential heating cost: £243/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

28% since 2010

Event Date Price % change
Sold 27/02/2026 (5 months ago) £176,000 -5.9%
Sold 12/08/2020 (5 years ago) £187,000 +36.5%
Sold 13/08/2010 (15 years ago) £137,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
SPENCER HOUSE 4 PEGGS WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9WP £215,000 21/11/2025 Flat
BRAMSHOTT HOUSE, 28 5 BLACKMOOR DRIVE, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9QF £245,000 20/11/2025 Flat
LOCKSBRIDGE HOUSE, 1 19 DIVOT WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9YB £175,000 12/12/2023 Flat
73 CANADIAN WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RE £330,000 16/11/2023 Flat
9 HINES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9FW £215,000 26/10/2023 Flat
150 PARK PREWETT ROAD, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9TY £202,500 16/10/2023 Flat
LOCKSBRIDGE HOUSE, 1 11 DIVOT WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9YB £295,000 06/10/2023 Flat
7 CANADIAN WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RE £350,000 22/06/2023 Flat
7 HINES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9FW £218,000 03/05/2023 Flat
27 GREENLANDS ROAD, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RD £210,000 04/01/2023 Flat
31 HOLLIES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RJ £222,000 02/12/2022 Flat
SPENCER HOUSE 7 PEGGS WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9WP £250,000 29/11/2022 Flat
2 HINES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9FW £170,000 11/11/2022 Flat
29 HOLLIES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RJ £215,000 09/11/2022 Flat
7 GREENLANDS ROAD, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RD £200,000 26/10/2022 Flat
52 DIVOT WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9YE £100,000 18/10/2022 Flat
16 WATERTOWER WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RF £205,000 07/10/2022 Flat
75 CANADIAN WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RE £330,000 07/10/2022 Flat
32 HOLLIES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RJ £215,000 02/09/2022 Flat
SPENCER HOUSE 1 PEGGS WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9WP £235,000 25/08/2022 Flat

Area average: £229,875 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 14.2%
10y growth 15.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Basingstoke and Deane. Series: Flats and maisonettes. As of April 2026.

1y (index) -6.1%
5y (index) 3.1%
10y (index) 8.5%

Rental Range

Estimated market rent for Basingstoke and Deane. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,179/mo
Realistic £1,310/mo
Optimistic £1,441/mo

Based on Local Authority from postcode lookup → Basingstoke and Deane.

LHA (30th percentile) floor for Basingstoke: £778/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Fairway House 0.1 miles
Shop Bombshell Hair & Beauty 0.1 miles
Shop Barnardo's 0.1 miles
Hospital Coronary Care Unit (CCU) and Cardiology Ward 0.3 miles
Train station Basingstoke 1.5 miles
Train station Bramley 4.2 miles
Hospital Alton Community Hospital 11.2 miles

Street-level crime

Category Count
Violence and sexual offences 43
Anti-social behaviour 17
Public order 15
Other theft 9
Criminal damage and arson 7
Burglary 4
Shoplifting 4
Drugs 3
Vehicle crime 3
Possession of weapons 2
Robbery 1
Total incidents 108

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Saxon Wood School Other 0.4 miles Good — 10 Jul 2023
Chiltern Way Academy Futures Other 0.5 miles Inadequate — 5 Dec 2022
Winklebury Junior School Primary 0.7 miles Good — 18 Oct 2012
Winklebury Infant School Primary 0.7 miles Good — 29 Nov 2013
Everest Community Academy Secondary 1.0 miles Good — 8 Mar 2020

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.73%
Max investor price (0.8%) £163,750
Target investor price (1%) £131,000
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).