2-bedroom house · GU32 3JX
For saleReduced £15k (−3.8%) on 5 SepListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is a an attractive Grade II Listed town house believed to date from the early 18th Century, with rendered elevations under a tiled roof and the main accommodation over three floors including a basement, plus further rooms in the attic space.
The layout can be seen in the floorplan and of particular note are the lovely, high ceilings giving a wonderful sense of light and space.
The main reception room is on the upper ground floor and there's a kitchen to the rear.
The basement has been converted into a second reception room which would make an ideal study, off which is a small, untanked cellar.
On the first floor are two bedrooms, a family bathroom and an ensuite shower room. Accessed from the second bedroom is a loft hatch with a pull-down ladder leading to the roof space.
The windows to the rear are southerly facing and look out over St Peter's Church and as there is no rear garden, the property would make an ideal "Lock up and leave" property.
Location: The property is situated on a pretty street, just off The Square in the heart of the town centre. Petersfield offers a variety of amenities in a bustling town centre.
Shops include Waitrose, M&S Food, Tesco and there are numerous boutiques, cafes and further shops.
The train station is approximately 500 metres away and provides a direct service to London Waterloo to the north (in approximately an hour) and Portsmouth to the south.
The tunnel at Hindhead provides congestion free travel north along the A3 to Guildford and London.
The town has many active clubs and societies with golf available at Petersfield, Liphook and Midhurst, horse and motor racing at Goodwood, polo at Cowdray Park and sailing along the South Coast.
Being in the heart of The South Downs National Park, the surrounding countryside is renowned for its rolling hills, beautiful landscapes and outdoor pursuits.
There are many popular schools in the area including The Petersfield School (tps), Bohunt, Churcher's College, Bedales and Ditcham Park.
Method of sale: Private treaty Tenure: Freehold Construction: Painted rendered elevations under a tiled roof. Services: Mains, gas, electricity, water and drainage.
Council Tax: East Hampshire District Council. Band: E Service Charge: N/A. Ground Rent: N/A. Rights & Easements: None known.
Flooding: During the current vendor's ownership, there has been no internal flooding. Mobile Signal: "Good outdoors and in-home" with O2, EE and Vodafone. "Good outdoors" with Three. (Ofcom).
Broadband Availability: Ultrafast available. (Ofcom). Parking: On-street parking. Viewings: Strictly by appointment with Winkworth Petersfield. WHAT3WORDS: ///oath.agency.informal.
Agent note: We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Ref: Ab/260077/1 Directions: On foot from our office at 26 High Street, proceed up the High Street, passing M&S Foods on your left.
On reaching The Square, cross diagonally across, passing the Church on your left and the library on the right into Sheep Street. The property is after a short distance on your left hand side.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 2, Sheep Street, Hampshire
Explore nearby