2-bedroom terraced house · GU31 4FG
Listing removedReduced £25k (−3.7%) on 20 JunListed 247 days
Opportunity summary
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About
Built for those aged 55 and over, a delightful mid-terrace property with accommodation arranged over two floors under a tiled roof.
Completed in 2013, the property offers very practical, modern accommodation in the heart of the town.
On entering the property is a spacious hall with a door to the sitting room and cloakroom with a built-in utility cupboard with space and plumbing for a washing machine and tumble dryer.
From the sitting room, doors lead to a sunroom at the front and dining room to the rear, off which is a kitchen.
From the hall, stairs rise to the first floor landing and the two bedrooms, both of which have ensuite shower rooms. The main bedroom has double doors out onto a tremendous south-west facing balcony.
Outside, to the front of the property is a private landscaped terrace which is for the sole use of the property and there is a small terrace to the rear. There is a single garage in a block.
Location: In the heart of the South Downs National Park, Petersfield is a historic market town with a variety of amenities in a bustling town centre which is just a short, level walk away.
Shops include Waitrose, M&S Food, Tesco and there are numerous boutiques, cafes and further shops.
The train station provides a direct service to London Waterloo to the north (in a little over an hour) and Portsmouth to the south.
The town has many active clubs and societies with golf available at Petersfield and Liphook, horse and motor racing at Goodwood, polo at Cowdray Park and sailing along the South Coast.
Directions: From our office at 26 High Street, turn left and proceed to the end of road, passing the War Memorial on your right.
On reaching College Street, turn left passing The Red Lion Public House on your right.
Continue for a few hundred metres and on reaching a "T" Junction at the end of the road, turn right and the entrance to Merritts Meadow is almost immediately on the left.
Proceed up the drive where some visitors parking can be found on the left hand side. Method of sale: Private treaty Tenure: Leasehold with a share of Freehold.
Construction: Brick and tile-hung elevations under a tiled roof. Services: Mains gas, electricity, water and drainage Council Tax: East Hampshire District Council. Band "D". EPC Rating: "C" (78).
Service Charge: £4,723.28 per annum. Ground Rent: £350 per annum. Rights & Easements: None known. Flooding: To the best of our knowledge, the property has never flooded. Mobile Signal: (Ofcom).
Broadband Availability: Superfast (Ofcom) Parking: The property is being sold with a single garage in a block. Viewings: Strictly by appointment with Winkworth Petersfield.
What3Words: Hungry.herb.meatballs
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
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FAQ
About 14, Merritts Meadow, Hampshire
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