2-bedroom semi-detached house · GU32 2DW
Sold STCListed 305 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled beneath the hangers in the highly regarded village of Steep, this charming two-bedroom Arts and Crafts cottage built ca.1909 offers well presented accommodation, private off-road parking and a delightful enclosed rear garden.
The property has been carefully maintained and enhanced with highly efficient Rointe electric radiators, while retaining its original character and warm, homely feel.
The cottage is offered for sale with the benefit of no onward chain.
The welcoming living room enjoys a pleasant front aspect with attractive views of the surrounding countryside and features a multi fuel stove that creates a cosy focal point.
Upon entry, a useful utility area provides plumbing for a washing machine alongside additional worktop space for storage.
The modern kitchen is well arranged and opens into a dedicated dining area with ample room for a small table and chairs, ideal for everyday living.
Upstairs, the principal bedroom is generously sized and benefits from built-in wardrobes as well as views across the local scenery.
The second bedroom is versatile and would suit use as a guest room, home office or study.
The family bathroom is well presented and fitted with a bath with Mira electric shower over (installed 2022), along with a useful airing cupboard.
Outside, the rear garden is fully enclosed and features a paved patio (installed 2023) and lawn, with mature trees at the far end providing a good degree of privacy.
The property further benefits from a private off-road parking space and is conveniently located within easy walking distance of Bedales School and Steep Primary, making it an appealing choice for a range of buyers.
East Hampshire District Council.
Tax Band D Freehold Mains water, electricity and drainage Highly efficient programmable electric heating system plus multi fuel stove in the living room Extra thick natural eco friendly sheepwool attic insulation
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 Church Road, Steep, Petersfield, Hampshire
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