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Sheet, Petersfield, Hampshire, GU32

South East

£1,000,000
Listed on 04/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2238 sqft

Description

Offered for the first time in over fifty years, this impressive family residence presents a unique opportunity for renovation in a desirable location. Spanning approximately 2,871 sq. ft., the home features spacious accommodations and useful outbuildings that add to its appeal. Nestled within mature gardens that afford a sense of privacy, this property has significant potential to be transformed into an outstanding home that reflects personal style and preferences. While well-maintained through the decades, the home requires refurbishment, allowing for a compelling project. Some original elements such as oak flooring, fireplaces, bay windows, and an AGA kitchen range remain intact, adding character and charm. The thoughtfully laid-out interior includes a welcoming entrance hall leading to a generous dual-aspect sitting room with fireplace and access to the garden via patio doors. The formal dining room and family room (which could also serve as a fifth bedroom) both feature bay windows and fireplaces enhancing their warmth. The kitchen/breakfast room is light-filled with extensive shaker-style cabinetry and views of the garden. On the first floor, you will find a sizable principal bedroom equipped with an en suite bathroom and an expansive roof terrace, along with three additional bedrooms, utility space, and a family bathroom. Externally, the property boasts a private driveway leading to garages/workshops along with landscaped grounds predominantly laid to lawn. A charming summerhouse with power adds further utility. Located in the sought-after village of Sheet near Petersfield, this property benefits from excellent educational institutions nearby as well as straightforward access to major roads including the A3 connecting to Guildford and London. Petersfield itself is a vibrant market town rich in amenities such as boutique shops, eateries, supermarkets, and recreational facilities amidst beautiful countryside scenery ideal for outdoor activities.

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -3.1% below area average per sq ft

-3.1%
Potential saving
This Property
£447/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£294
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,134,644
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (GU32)

Area prices are falling by -19.7% over the last 12 months
3 year growth: -15.7%
5 year growth: -10.5%
Investment Disclaimer: Analysis based on GU32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Sheet, Petersfield, Hampshire, GU32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,607
Based on a loan of £750,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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