2-bedroom house · SO24 0HB
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is a single storey, attached barn conversion with stone and brick elevations under a tiled roof, beautifully presented and would suit a variety of buyers.
The layout can be seen in the floorplan and with high ceilings and plenty of windows, the property is incredibly light.
A particular feature of the house is the kitchen, with matching floor and wall mounted units along with a central island.
Both bedrooms have their own en suite facilities and Outside, the house is approached by a shared drive where there are two allocated parking spaces for the property.
Accessed from the reception room via bi-folding doors is the landscaped garden, enclosed by a brick wall or fencing, is largely gravelled and there's a paved terrace; the perfect spot for outside entertaining.
Location: The property is situated in a delightful semi-rural location towards the edge of the popular village of Ropley. Within the village is a shop with Post Office, church and village school.
Further amenities can be found in Alton, Petersfield and Winchester, all of which have a train station providing direct access to London Waterloo from about an hour.
There are many popular schools in the area including Winchester College, St Swithun’s School, Bedales, Perins, The Petersfield School, Peter Symonds College and Alton Sixth Form College.
Being within The South Downs National Park, the surrounding countryside is renowned for its unspoilt natural landscapes and outdoor pursuits.
Directions: From Petersfield Train Station, proceed away from the town centre, in a westerly direction along Station Road.
At the roundabout, take the second exit and proceed up Bell Hill and into the village of Steep, passing The Cricketers Public House on the right.
Continue for a further 5 miles until reaching a staggered crossroads with the A32. Proceed straight on for approximately 1.25 mile and the property is situated on your right hand side.
Method of sale: Private treaty Tenure: Freehold Construction: Stone and brick elevations under a tiled roof. Services: Mains electricity and water. Shared private drainage.
Ground source heat pump with underfloor heating. Council Tax: East Hampshire District Council. Band: “C”. EPC Rating: “C” (70).
Service Charge: Estimated at £300-£400 per annum for the maintenance of the communal areas and access. Rights & Easements: None known. Mobile Signal (Ofcom). EE: Good outdoor. O2: Good outdoor.
Three: Variable outdoor. Vodafone: Variable outdoor. Broadband Availability (Ofcom): Standard. Parking: There is allocated parking for two cars plus visitors parking.
Viewings: Strictly by appointment with Winkworth Petersfield What3words: ///unlimited.entertainer.bottom 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.
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
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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
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FAQ
About 3 Monkwood Court,, Petersfield Road, Alresford
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