Bungalow · SO24 0HB
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A colonial bungalow dating from 1911, sitting on a level 0.2 acre plot. There is the opportunity to replace the current, uninhabitable bungalow with a modern dwelling, subject to planning permission.
The existing bungalow measures 9.2m x 6.4m (exterior measurements). The remainder of the land is under separate ownership and is not offered for sale.
There is a right of way to the colonial bungalow via a short driveway from the road. No onward chain. SERVICES We understand that mains water and electricity are connected. Private drainage.
COUNCIL TAX INFORMATION Winchester City Council Council Tax Band: A DIRECTIONS From Alresford, proceed east along the A31 towards Alton.
On reaching the village of Ropley, turn right (just beyond the filling station) into Petersfield Road.
Follow this road for about three miles to Monkwood and the house will be found on the left hand side. What3Words: ///bikes.compound.grasp
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Homecot, Petersfield Road, Monkwood
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