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See how verdicts work1-bedroom flat · GU32 3HP
Sold STCListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is accessible via a communal entrance hall situated between Café Nero and Mountain Warehouse, offering both stair and lift access to the second floor.
Upon entry, you are welcomed by a hallway leading to a modern, open-plan kitchen and living area.
The living room features triple-glazed French doors that open to a Juliet balcony, while the kitchen is equipped with wooden wall and base units, as well as integrated appliances, including an oven, gas hob, dishwasher, and washer/dryer.
The hallway includes two spacious storage cupboards, while the double bedroom benefits from a built-in wardrobe. The bathroom boasts a sleek, contemporary white suite with a shower over the bath.
132 years remaining on the lease.
Ground rent - £200 annually Management charge -£1979 Council Tax - C EPC - C Location - Petersfield is a market town and civil parish in the East Hampshire district of Hampshire.
It is 17 miles north of Portsmouth on the A3 road. The town has its own railway station on the Portsmouth direct line, the mainline rail link- connecting Portsmouth and London (Waterloo).
The town is situated on the northern slopes of the South Downs. Petersfield lies wholly within an area of outstanding natural beauty and within the boundary of the South Downs National Park.
The town is on the crossroads of the well-used north-south (A3) and east-west (A272) routes and it originally grew as a coach stop on the Portsmouth to London route.
Petersfield is twinned with Barentin in France and Warendorf in Germany.
Petersfield is a popular location for families, due to the choices of schools available, including; Churchers College, The Petersfield School (TPS) Herne Junior school and a number of infant schools and playgroups nearby.
The town centre offers a good selection of shops and facilities, including Waitrose, M&S Foodhall, Tescos and Lidl supermarkets and a mixture of High street brands and local independent businesses.
Being within the South Downs National Park there are a plethora of country walks and cycle paths and the jewel in the Town's crown is the Heath & Lake and Petersfield Open Air Pool Local Authority - East Hampshire District Council Penns Place, Petersfield Hampshire, GU31 4EX Additional Information - All main services Tenure - Leasehold
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.
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FAQ
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