Basingstoke · 5-bed
Chillandham Lane, Martyr Worthy, Winchester, Hampshire, SO21
© OpenStreetMap · click to open in maps
Asking price
£1,495,000
£435/sqft
Verdict
Overpriced by £736,867 vs 5+ bed homes nearby
What you could do with it
Estimated gross yields from current rental comps. Numbers are pre-cost — service, voids, mortgage, management still come off these.
Standard BTL
£2,100/mo
1.7% gross yield
Open-market tenant on a 12-month AST.
HMO (rooms)
Best fit£8,202/mo
6.6% gross yield
4–6 individual tenants, shared living. Highest yield, most management.
LHA / Section 8
£1,446/mo
1.2% gross yield
Council-paid tenant. Stable rent, longer tenancies, slight discount to market.
Council lease
£1,229/mo
1.0% gross yield
3–5 yr guaranteed-rent lease to a housing association. Hands-off.
Who is this for?
Quick read across the buyer personas. ✅ = good fit · ⚠ = workable with caveats · ❌ = look elsewhere.
Family home
5-bed but EPC unknown — factor retrofit cost or budget for it.
Standard BTL
1.7% gross — won't cover costs at current rates.
HMO (rooms)
6.6% HMO yield — works if you already manage HMOs.
Buy + rent later
Rent wouldn't cover mortgage — selling to exit may be your only option.
The numbers
England (SDLT) · 75% LTV mortgage at 5.5% over 25 years (capital repayment).
Stamp duty
First-time buyer
£90,750
Home mover
£90,750
2nd home / BTL
£165,500
Mortgage @ 75% LTV
- Loan
- £1,121,250
- Deposit
- £373,750
- Per month
- £6,885
Cash you'd need to walk in (deposit + investor SDLT, before legal/survey): £539,250
Should you pay this?
Asking price is roughly £736,867 above what 5+ bed homes typically go for here.
You're paying £1,495,000. Comparable 5+ bed homes in this area suggest a market price of around £758,133.
Contains HM Land Registry data © Crown copyright and database right.
What it'd rent for
£2,100/month1.69% gross yield
Based on 237 live rentals in Basingstoke · 5-bed homes here average £3,168/mo.
Most landlords need 5%+ gross to break even after costs in this area, so this is tight as a fallback — worth running the numbers carefully.
Property features
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Loading nearby sold…
Crime risk
Flood risk
Schools & Ofsted
Catchment area is the #1 driver of family-let demand and exit liquidity in the suburbs. Verify the local primary + secondary ratings before offering — an Outstanding catchment can add 5–10% to £/sqft; Inadequate is a permanent drag.
- All schools within 2 miles (DfE GIAS) — official register, last Ofsted, type
- Ofsted reports for Basingstoke — full inspection reports + history
- Catchment visualiser (Locrating) — free-tier school-catchment map
Catchments aren't published nationally; many schools use distance-from-school as the deciding factor. The links above give you the official data; only the local authority can confirm a specific year's catchment boundary.
Area pulse
- 28,510 new listings here in the last month — good comparable supply.
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