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See how verdicts work5-bedroom house · GU32 2DH
Listing removedReduced £100k (−7.4%) on 20 JunListed 267 days
Opportunity summary
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About
A stylishly extended five-bedroom family home in this popular Hampshire village with stunning countryside views.
The Property An oak and glass porch with brick flooring provides storage space and a welcoming entrance.
The kitchen/breakfast room features solid oak flooring, an aga, a separate oven, an island, and French doors opening onto the wide terrace and garden, offering seamless indoor-outdoor living.
Adjacent, the triple-aspect sitting/dining room boasts a stunning floor-to-ceiling window, a feature fireplace, and expansive views over the surrounding countryside and the Ashford Hangers.
Additionally, there is utility room and boot room, along with an additional reception room that includes its own shower room and stairs leading to a double bedroom.
Currently used as an annex, this space offers flexible options to suit various needs. Upstairs, four further bedrooms, several with fantastic country views and a good family bathroom.
The main bedroom is spacious and light, with double-aspect windows, and includes an ensuite shower room. Outside Oakridge enjoys an elevated position on the rural edge of the village.
The driveway has parking for several cars with well establish as a pretty front garden.
The rear garden has been cleverly landscaped and gently slopes away from the house, creating multiple areas for enjoyment and entertaining.
There is a generous paved terrace, accessed from the kitchen and an oak framed pergola spanning the rear of the property, making the most of the panoramic views.
Steps from the terrace lead down to a level lawn area, surrounded by colourful beds and mature planting. There is a also a useful garden shed for storage.
Beyond the lawn and accessed via a wooden five bar gate there is a beautifully created haven - with ponds, raised beds and fruit trees – a peaceful sanctuary for wildlife and to enjoy ‘the good life’.
Situation Oakridge enjoys a fantastic ‘edge of village position’, being the last house on Mill Lane, in the sought after village of Steep in the heart of The South Downs National Park.
Steep has a wonderful community and benefits from two local pubs, (both within walking distance), a tennis club, cricket club, active village hall and popular primary school.
The extensive network of local lanes provides amazing cycling routes and walks with access to footpaths over the gently rolling landscape and Ashford Hangers which is an ancient woodland ideal for any country lovers and outdoor enthusiasts.
The market town of Petersfield is only a 5 minutes’ drive with its comprehensive range of facilities.
Shops include Waitrose, M&S Foodhall and Tescos as well as numerous cafes, shops and boutiques.
The A3 (at Petersfield) also provides great regional transport links to London, Guildford and Portsmouth (ferry services).
Chichester is just over the South Downs and Winchester is half an hour away along the A272.
There are many highly regarded state and private, senior and junior schools in the area, including Bedales (5 mins walk), Churcher’s College, The Petersfield School.
There are scheduled rail services to London Waterloo from Petersfield which is on the Portsmouth Harbour to Waterloo line.
General Remarks And Stipulations Method of Sale The property is offered for sale by private treaty.
Rights of Way There are no public rights of way crossing the property Services Mains water, electricity, and private drainage (treatment plant). Oil fired heating.
Broadband availability Superfast available (according to Ofcom). Mobile/Internet Coverage Limited (indoors), Likely (outdoors) according to Ofcom. Tenure Freehold with vacant possession.
Construction Standard EPC Rating D59 Local Authority East Hampshire District Council, , Council Tax Band: F
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 Oakridge, Mill Lane, Petersfield
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