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See how verdicts work4-bedroom house · GU32 1QJ
Listing removedReduced £155k (−13.5%) on 20 JunListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the glorious countryside of the South Downs National Park, on the edge of the sought-after village of East Meon, the property comprises a charming two-bedroom cottage with a unique one-bedroom Oast House attached and has planning permission to be extended.
In addition, there is a substantial flint barn, currently used as a store area and it has a Mill Race. There is planning consent for conversion into two individual cottages.
The Cottage has a welcoming entrance hall which leads into a spacious L-shaped sitting room with a working fireplace. A well-fitted kitchen/dining room and a large utility room.
There is also a cloakroom. Upstairs are two spacious double bedrooms, a study or storeroom and a family bathroom. The Oast currently has a kitchen/breakfast room and a spacious sitting room.
There is also a basement below the sitting room. Upstairs is a small study area, a double and a bathroom. There is planning to add an additional bedroom.
Outside The property is approached via a driveway to a parking area. The garden lies to the front of the property and is laid mainly to lawn and bordered by well-stocked flower beds.
On the area side of the property and by the flint barn is a lawned courtyard garden.
Planning permission Planning has been granted for the conversion of the flint barn in to two residential units, and the Oast to provide a second bedroom.
The Planning references are sdnp/23/03414/ful & sdnp/25/01662/cnd. More details from the selling agents.
Set amid unspoilt countryside, East Meon offers an idyllic rural lifestyle with an extensive network of footpaths and bridleways close at hand.
Despite its tranquil setting, the village is conveniently located just five miles from Petersfield, providing direct London rail services, access to the A3, and easy routes via the A272 to Winchester (approximately 15 miles).
East Meon enjoys a thriving village community with a public house, a local shop, a primary school, a church, and an active village hall.
Local schools in the area include Bedales, Churcher's College, Ditcham Park, and The Petersfield School.
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
Agent & docs
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FAQ
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