3-bedroom detached house · SO24 9DD
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Old Barn dates from the 1800's and is located at the bottom of Broad Street, within the conservation area in the centre of Alresford.
The property has the advantage of not being listed, but retains character features.
It has recently been sympathetically renovated to an exacting standard, and is stylishly presented throughout, including new bath/shower rooms and a newly refurbished kitchen.
There is a tranquil courtyard garden, offering secluded space for relaxation. There is a garage in a nearby block and parking is available on an informal basis in front of the property.
The cottage is approached from Mill Hill via a wooden gate into the courtyard garden. The front door opens to an entrance lobby, an ideal place for hanging coats.
A second door opens to the welcoming entrance hall, with wooden parquet flooring, stairs to the first floor and a cloakroom.
The spacious sitting room is a comfortable room featuring a fireplace with a hearth and electric stove, alcove storage and bookshelves, and useful understairs storage.
The kitchen features a smart range of kitchen storage units and worktops, integrated appliances and fitted bench seating.
Upstairs, a hatch on the landing allows access to a large loft with good head-height. The family bathroom has been re-fitted and features underfloor heating.
The main bedroom is at the front of the property and features some built-in wardrobes, as well as a stunning en-suite shower room with underfloor heating.
The second bedroom is a double room, which includes twin built-in wardrobes. The third bedroom is a single room. Outside, the courtyard garden provides a lovely retreat, being secluded from Mill Hill.
The property is a few steps away from the picturesque Millenium Walk, which leads to the river and open countryside beyond.
Alresford is a beautiful Georgian town known for its variety of independent shops, restaurants and inns located in stunning surroundings on the edge of the South Downs National Park.
Attractions include the Watercress steam railway, schools for infant, junior and secondary education, several churches and an active and inclusive community.
The cathedral city of Winchester is about 7 miles away and there is easy access to the south coast, the midlands and London via the road network.
There is also mainline rail access to London from both Winchester and Alton. Southampton airport is only about half an hour away by car. SERVICES We understand that all mains services are connected.
LOCAL AUTHORITY INFORMATION Winchester City Council Council Tax Band: D DIRECTIONS From our office in Broad Street, proceed on foot down the hill and continue ahead into Mill Hill.
The Old Barn (19a Mill Hill) will be found after a short distance on the left hand side, before the turning for Ladywell Lane.
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
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FAQ
About The Old Barn, 19a Mill Hill, Alresford
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