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See how verdicts work2-bedroom flat · GU32 3JZ
For saleReduced £10k (−2.5%) on 2 OctListed 621 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful top floor apartment in the historic centre of the town with large garage and breathtaking views to the Downs. No chain.
The Property A wonderful top floor apartment within an elegant Grade II listed building dating back to the 18th century and available for the first time in over 56 years.
The apartment offers well-proportioned accommodation throughout, with breathtaking views over the small green, historic town and South Downs beyond.
The flat boasts many character features including sash windows and attractive architraves and cornicing.
The accommodation comprises a bright and open sitting/dining room with far reaching views as well as a luxury kitchen/breakfast room with views over the private gardens.
There are two good size double bedrooms and ample inbuilt storage as well as a modern shower room.
Outside The property has a beautiful walled communal garden which provides a peaceful and private oasis.
The garden is accessed via a side gate, is mostly laid to lawn, edged by pretty borders, and interspersed by various trees. It is ideal for entertaining, hosting or simply enjoying.
The property also has the benefit of a large garage with storage.
Location The apartment is located in the historic area known as 'The Spain' in the historic market town of Petersfield, a stone's throw from shops and within walking distance to the doctors' surgery and train station.
Petersfield itself is a market town with library, outdoor swimming pool, leisure centre, thriving sport clubs, music, arts and theatre community.
It also boasts a range of amenities and shops as well as offering a mainline station with trains to London Waterloo in just over an hour.
The A3 provides good regional transport links to Portsmouth, Guildford and London.
There are many good footpaths and bridleways in the surrounding area including the South Downs Way, Hangers Way and Sussex Border Path.
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 5c, The Spain, Petersfield
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