That might be viable if a station could be sited between Battledown Flyover and Oakley on the WoE to serve the two Manydown developments - North will be North of the railway and South, well South!
www.manydownbasingstoke.co.uk/south/
I suppose an alternate option would be to run through to Micheldever. The A303 is close by to make it potentially attractive as a rail head (if parking can be increased), but as a turnback location you could reopen platform 1 by moving the Up Line across into the old Up loop and use the current platform 1 as a turnback line between the Up and Down lines.
Either option shouldn't need more Drivers because many of the terminators have to be shunted into a siding to free up platform 1, but it would need additional Guards because those ECS moves will be DOO.