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Medstead Road, Beech, Alton, Hampshire, GU34 - Image 1
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Medstead Road, Beech, Alton, Hampshire, GU34 - Image 3
Medstead Road, Beech, Alton, Hampshire, GU34 - Image 4
Medstead Road, Beech, Alton, Hampshire, GU34 - Image 5

Medstead Road, Beech, Alton, Hampshire, GU34

South East

£630,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1765 sqft

Description

This four-bedroom family home presents an exciting opportunity for renovation and investment, situated in a serene rural hamlet with beautiful views overlooking Bushy Leaze Wood. Built in the mid-1960s, the property spans three levels and offers considerable potential for expansion, particularly with possibilities to extend to the side or rear. The layout is thoughtfully designed with modern family needs in mind. The kitchen/breakfast room features classic white cabinetry paired with wooden work surfaces, including a stable door that opens into a conservatory—a space ripe for reimagining as a central hub by integrating it with the kitchen. The spacious dual-aspect sitting room captures lovely woodland scenes through its bay window, while two double bedrooms with built-in wardrobes, an en-suite shower room, and a family bathroom are conveniently situated on the main floor. The lower ground level enhances the property's versatility, featuring two reception rooms along with a kitchen and shower room; this setup could easily transform into a self-contained annexe or home office space. Meanwhile, on the first floor, you’ll find two interconnected bedrooms along with a study area and cloakroom. Outside, the property offers flat lawns and a patio garden at both the rear and side, complemented by tiered landscaped areas that create peaceful retreats amidst nature. Accessed via a five-bar gate, there is ample parking available on the gravel driveway alongside a single carport and storage shed. Previously approved planning permission for a single-storey side extension provides an added value proposition (though currently lapsed). Located in Beech—an inviting village known for its strong community spirit—the home is set within charming Hampshire countryside yet remains conveniently close to Alton's market town amenities. Residents can enjoy diverse shopping options, including a weekly market and sports complex featuring a swimming pool. The property also has easy access to major transport links like the M3 at Basingstoke and A31, making it an attractive option for commuters or those looking to invest in an area poised for growth.

Investment Analysis

(GU34 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£357/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£381
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£63,000 - £157,500
10-25% of property value
Target Value
£801,451
10% above area average per sq ft
Potential ROI
+1.8%
After renovation
Monthly Sales
28
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (GU34)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 1.7%
5 year growth: 11.0%
Investment Disclaimer: Analysis based on GU34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Medstead Road, Beech, Alton, Hampshire, GU34
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