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See how verdicts work2-bedroom flat · GU32 3LH
Sold STCReduced £45k (−30%) on 26 OctListed 423 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This conveniently located two bedroom first-floor apartment in Alderfield, Petersfield, is just a short walk from the town centre and mainline train station, making it an ideal choice for those seeking easy access to amenities and transport.
The development also enjoys a wonderful sense of community but equally privacy is respected. This property is offered at 70% of market value (with 100% ownership).
All offers must be submitted to Williams of Petersfield, which we will then put forward to Petersfield Housing Association for financial approval.
The property is only available to those aged 55 and over. With its own private front door and a stair lift fitted only three years ago, the property provides independence and accessibility.
Inside, the bright living/dining room offers a versatile space for seating and dining, leading into a well-appointed kitchen with double aspect windows and generous storage.
The accommodation includes a spacious double bedroom, a single bedroom, and a modern shower room.
Alderfield’ s beautifully maintained communal gardens feature lawns, colourful planting, and seating areas, perfect for relaxing or socialising.
Residents also benefit from ample parking at the development’s entrance. Please contact Petersfield Housing Association to find out if you are eligible. New 99 year lease for purchaser.
Service charge - £1512 per annum. EPC - D Council Tax - B Location - Petersfield is a market town and civil parish in the East Hampshire district of Hampshire.
It is 17 miles north of Portsmouth on the A3 road. The town has its own railway station on the Portsmouth direct line, the mainline rail link- connecting Portsmouth and London (Waterloo).
The town is situated on the northern slopes of the South Downs. Petersfield lies wholly within an area of outstanding natural beauty and within the boundary of the South Downs National Park.
The town is on the crossroads of the well-used north-south (A3) and east-west (A272) routes and it originally grew as a coach stop on the Portsmouth to London route.
Petersfield is twinned with Barentin in France and Warendorf in Germany.
Petersfield is a popular location for families, due to the choices of schools available, including; Churchers College, The Petersfield School (TPS) Herne Junior school and a number of infant schools and playgroups nearby.
The town centre offers a good selection of shops and facilities, including Waitrose, Tescos and Lidl supermarkets and a mixture of High street brands and local independent businesses.
Being within the South Downs National Park there are a plethora of country walks and cycle paths and the jewel in the Town's crown is the Heath & Lake.
Local Authority - East Hampshire District Council Penns Place, Petersfield Hampshire, GU31 4EX Additional Information - All main services Tenure - Leasehold
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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