3-bedroom terraced house · GU31 4JJ
Sold STCListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
38 Dragon Street is a truly unique and historic Grade II listed property situated in the very heart of Petersfield’s picturesque and highly sought after town centre.
Rich with period charm and brimming with character throughout, this exceptional building offers an exciting opportunity to combine lifestyle, history and flexibility in equal measure.
Formerly the much loved Teddy Bear Museum and more recently the cherished private residence of our seller.
The ground floor features two generous rooms, one at the front with a stunning exposed inglenook fireplace with decorative French stove, and another which is accessed via a small set of steps.
Both spaces are filled with original detail and warmth.
To the rear of the ground floor, a well-proportioned dining room enjoys views of the garden, while a further adjacent kitchen space, offers additional flexibility and access to outside.
A ground floor shower room provides added practicality, and a staircase leads down to a dry and usable cellar space, ideal for storage or creative use.
The first floor comprises three character rich bedrooms, a stylish family bathroom and a useful dressing or study area accessed directly from bedroom three at the rear.
A further staircase rises to the second floor, where a cosy and inviting additional room is tucked into the eaves, perfect as a guest room, reading nook, or retreat.
Outside, the charming courtyard garden offers a peaceful and secluded oasis, beautifully planted with a variety of established shrubs, greenery and sitting areas.
Designed for low maintenance enjoyment, it provides a calm and leafy retreat right in the centre of town, with private parking located just beyond.
Within the garden is a separate external room, which provides excellent flexibility as a hobbies room, garden office or creative studio, depending on the needs of the purchaser.
Freehold East Hampshire District Council.
Tax Band C Mains water, electricity and drainage Petersfield itself is a thriving market town with a strong sense of community, excellent schooling and outstanding transport links to London and the South Coast.
Dragon Street is particularly admired for its period architecture, cultural heritage and close proximity to the town’s amenities, independent shops, eateries and green spaces.
Offered for sale with no onward chain, 38 Dragon Street presents a rare opportunity to secure a piece of Petersfield’s history with potential limited only by imagination.
Viewing is highly recommended by Homes Petersfield.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 38, Dragon Street, Petersfield, Hampshire
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