3-bedroom house · GU31 4DP
Listing removedListed 133 days
Opportunity summary
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About
The property is a mid-terrace, modern house, believed to have been built by Kebbel Homes in the 1980's with brick elevations under a tiled roof and accommodation over two floors.
The layout can be seen in the floorplan, but of particular note is the lovely main reception room with sliding doors to the rear garden.
The kitchen is to the front, is large enough to accommodate a breakfast table and there's a downstairs cloakroom with WC.
From the hall, stairs rise to the first floor landing, off which are three bedrooms and a family bathroom.
Two of the bedrooms have built-in storage and the main bedroom has its own en suite shower room. Outside, a pedestrian path leads to the front door.
The garden is to the rear, is mainly laid to lawn with a variety of mature borders and surrounded by fencing. There is a single garage in a block, in front of which is a parking space.
Whilst the house has been loved over the years, it would benefit from some general updating.
Location: The property is situated at the town end of the popular Herne Farm estate, approximately 400 metres to the east of Petersfield High Street.
The residents of the estate benefit from a private leisure centre which includes a swimming pool, two squash courts and a bookable hall.
Petersfield is situated in the heart of The South Downs National Park and 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 provides a direct service to London Waterloo to the north (in approximately an hour) and Portsmouth to the south.
The town has many active clubs and societies with golf available at Petersfield and Liphook, horse and motor racing at Goodwood, polo at Cowdray Park and sailing along the South Coast.
There are many popular schools in the area which include Churcher’s College, Bedales, Ditcham Park and The Petersfield School (tps).
Method of sale: Private treaty Tenure: Freehold Construction: Brick elevations under a tiled roof. Services: Mains gas, electricity, water and drainage. Council Tax: East Hampshire District Council.
Band: “D” EPC Rating: “C” (71) Herne Farm Limited service charge: £120 per annum Ground Rent: N/A Rights & Easements: None known Mobile Signal (Ofcom). EE: Good outdoor.
O2: Good outdoor, variable in-home. Three: Variable outdoor. Vodafone: Good outdoor, variable in-home. Broadband Availability (Ofcom): Ultrafast. Parking: There is a single garage and parking space.
Viewings: Strictly by appointment with Winkworth Petersfield What3words: ///pixies.dustbin.camps Directions: From the end of the High Street, cross straight over the road next to the war memorial into Heath Road.
Pass the Festival Hall on your left and as the road bears right, turn left into Herne Road.
Pass the turning on your right to Marden Way, continue over a small stream and the property is situated after a short distance on your right-hand side.
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.
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Area
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FAQ
About 32, Herne Road, Hampshire
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