5-bedroom house · SO20 8DU
Listing removedListed 183 days
Opportunity summary
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About
An exciting opportunity to purchase this detached bungalow set in approaching 1.5 acres of grounds, including a mature garden and adjoining paddock, in a quiet rural setting with open countryside views and offering excellent scope and potential A detached bungalow set in approaching 1.5 acres, situated on the very edge of the village and surrounded by farmland and countryside on a rural lane serving a number of properties before reducing to a track.
The land forms a long rectangle with the bungalow sitting within a generous square garden plot of about 0.43 acres, while the adjoining paddock extends to the south and is well enclosed and laid to pasture.
This property may particularly appeal to those seeking the good life or with equestrian interests, as well as offering enormous potential to extend significantly and take full advantage of the large plot, open views and rural position, while still being within easy reach of Grateley mainline station, the A303 and the nearby centres of Stockbridge, Salisbury and Andover.
Whilst the potential is clear, it is important to note that the bungalow is currently very well presented and comfortable, with full double glazing and central heating, and offers well balanced accommodation including a wide hallway and central living zone with living room and fireplace, dining room and kitchen breakfast room.
To one end are three double bedrooms and a modern shower room, while to the other end are two further bedrooms and another modern shower room, which could easily be reconfigured as a principal suite with dressing room and en suite.
Location This property is rurally situated on the edge of the village of Over Wallop which has a post office/store, church and public house.
The neighbouring village of Middle Wallop has a garage/shop and public house and village hall. There is a primary school in Nether Wallop.
Grateley mainline railway station is within a 5 minute drive and provides regular services to London Waterloo (1 hour 20 minutes).
The picturesque town of Stockbridge, traversed by the River Test, is a 10 minutes drive away and has local shops, Co-op with a post office, doctors and dental surgeries, schools and an abundance of pubs and restaurants.
Andover, approximately 6 miles away, offers a comprehensive range of shopping, educational and leisure facilities, as well as a mainline railway station.
The cathedral cities of Salisbury and Winchester are both within about a 20 minute drive and the A303 is close at hand allowing convenient access to London and the West Country.
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 East Park Farm,, Over Wallop, Hampshire
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