7-bedroom detached house · GU28 0DD
For saleListed 33 days
Opportunity summary
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About
Historic Grade II* Georgian townhouse, exceptional restoration potential.
Description Dating from the 18th century in its present form, with even earlier origins, North House is a substantial Grade II* listed house situated in the heart of Petworth.
The property displays an impressive red brick façade to North Street, with Georgian sash windows, modillion eaves and a pillared portico.
The accommodation is arranged over several floors and includes a reception hall, a number of reception rooms, kitchen/breakfast room, cellar areas, seven bedrooms and several bathrooms.
A range of original period features remain within the house, including fireplaces, moulded ceilings, sash windows, shutters and exposed timbers.
The property has suffered significant flooding and has subsequently fallen into a poor state of repair. It now requires extensive refurbishment and restoration throughout.
Prospective purchasers should expect a comprehensive programme of renovation and any necessary listed building and planning consents.
Gardens and Grounds North House fronts directly onto North Street, with vehicular access via a driveway to the side of the property. This leads to a courtyard area, garages and a carport to the rear.
The gardens are situated entirely to the rear of the house and include formal garden areas, lawns, mature trees, planted borders, paved pathways and a swimming pool.
The grounds have become overgrown and require substantial clearance, maintenance and improvement.
Overall, North House represents an opportunity to acquire and restore a historically significant listed property with extensive accommodation and grounds.
Location Less than 200 yards from the Market Square, North House occupies an outstandingly convenient location in the attractive and historic town of Petworth.
Now managed by the National Trust, and famous for its impressive 17th century house, deer park and art collection; the beautiful Petworth Park estate contributes greatly to the vibrancy we find in the town today.
Situated in the heart of The South Downs National Park, Petworth has become far more than an art and antique centre although it is still well-known as such.
Today Petworth is home to a thriving community with an excellent range of shops and restaurants.
More extensive shopping facilities can be found in the nearby towns of Pulborough and Haslemere or the Cathedral City of Chichester.
For the commuter, access to the A3 can be gained at Milford while the railway stations at Pulborough and Haslemere provide rail services to both London Victoria and Waterloo respectively.
Schools in the area include the prep schools of Westbourne House, The Prebendal School in Chichester, and Great Ballard in Eartham, while private senior schools locally are Seaford College, Cranleigh and Christ’s Hospital.
There are also Primary Schools in Petworth and Midhurst with secondary schools in Midhurst Rother and The Weald. Recreational opportunities are many and varied.
There is golf at a number of clubs in the area including Petworth, Chiddingfold and Cowdray Park.
There is polo at Midhurst, racing at Goodwood and Fontwell Park, sailing at Chichester and flying at Goodwood.
The world famous motor sport events at Goodwood include the Festival of Speed, the Revival Meeting as well as club and track days for those keen to drive themselves.
In addition the surrounding countryside provides ample opportunity for walking and riding. Square Footage: 6,512 sq ft Acreage: 0.47 Acres
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
FAQ
About North House,, North Street, West Sussex
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