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See how verdicts work2-bedroom flat · GU31 4FG
Listing removedListed 237 days
Opportunity summary
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About
Built for those aged 55 and over, a delightful first floor apartment in a purpose built retirement complex.
Completed in 2013, the property offers very practical, modern accommodation in the heart of the town.
On entering the building there is a communal hall with stairs and a lift leading to the upper floors.
Once through the front door of the apartment there is a spacious dining hall with doors leading to all of the principal rooms.
The kitchen is fitted with matching floor and wall mounted units, a range of standard integrated appliances and a waste disposal unit.
There is also enough room for a breakfast table and a door leads to a small utility area.
The sitting room has a feature fireplace and double doors lead out onto a south-west facing balcony, a fantastic asset particularly during the summer months.
There are two double bedrooms, both of which have built in storage.
The main bedroom has its own en suite shower/wet room with underfloor heating and the guest bedroom also benefits from an en suite shower room.
Outside, the property is approached by a sweeping drive leading to a visitors' parking area to the left of which is a large meadow.
To the rear of the property are further communal landscaped garden with a variety of mature borders and planting.
Location: In the heart of the South Downs National Park, Petersfield is a historic market town with a variety of amenities in a bustling town centre which is just a short, level walk away.
Shops include Waitrose, M&S Food, Tesco and there are numerous boutiques, cafes and further shops.
The train station provides a direct service to London Waterloo to the north (in approximately an hour) and Portsmouth to the south.
The town has many active clubs and societies with golf available at Petersfield and Liphook, horse and motor racing at Goodwood, polo at Cowdray Park and sailing along the South Coast.
Directions: From our office at 26 High Street, turn left and proceed to the end of road, passing the War Memorial on your right.
On reaching College Street, turn left passing The Red Lion Public House on your right.
Continue for a few hundred metres and on reaching a "T" Junction at the end of the road, turn right and the entrance to Merritts Meadow is almost immediately on the left.
Proceed up the drive where some visitors parking can be found on the left hand side.
Method of sale: Private treaty Tenure: Leasehold with Share of Freehold Term: 999 years from 1 July 2012 Construction: Brick and tile-hung elevations under a tiled roof.
Services: Mains gas, electricity, water and drainage Council Tax: East Hampshire District Council. Band "C" EPC Rating: "B" (84).
Service Charge: £5,372.11 per annum (2026/27) Ground Rent: £350 per annum (2026/27) Rights & Easements: The property is approached via a shared drive leading to a communal hall.
Flooding: To the best of our knowledge, the property has never flooded. Mobile Signal: Good outdoor, variable in home (Ofcom). Broadband Availability: Superfast (Ofcom).
Parking: There is a single garage in a block. Viewings: Strictly by appointment with Winkworth Petersfield. What3Words :///rooms.palettes.think
Value & comps
No previous sales on record.
Returns
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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
About 4, Merritts Meadow, Hampshire
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