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Medstead

South East

£1,450,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2124 sqft

Description

This expansive detached 4-bedroom family home, set on approximately 1.40 acres of land, presents a significant modernisation project with promising investment potential. Located on the outskirts of the serene hamlet of Hattingley, the property offers sweeping rural views and ample space for creative reconfiguration. Plum Cottage boasts a well-thought-out layout featuring an entrance hall with parque flooring leading to a spacious kitchen and breakfast area, which connects to a conservatory. This area has considerable potential to be transformed into an inviting kitchen-dining-living space that seamlessly integrates with the outdoor garden. The ground floor also includes a cosy sitting room with a wood-burning stove, a study, and an additional reception room that opens to the garden; this versatility makes it ideal for modern country living after refurbishment. Upstairs, four bedrooms provide comfortable accommodation, including a main suite that benefits from built-in storage and an en suite bathroom with picturesque views. Bedrooms 2 through 4 also enjoy appealing aspects of the surrounding countryside. A recently updated family bath and shower room adds to the home's appeal. The property’s outdoor environment features a private garden primarily laid to lawn alongside extensive fields, a double garage, and workshop facilities. Additionally, adjacent to Plum Cottage is The Lodge - currently used as ancillary accommodation but could enhance its value through incorporation into the holiday let business (subject to necessary permissions). This mobile home with wooden cladding offers charm with two double bedrooms and an open-plan living space. This unique property also houses 'Little Place in the Country', an established holiday lodge business consisting of two lodges set within picturesque grounds surrounded by woodland - an attractive opportunity for anyone looking to live in conjunction with their business. Both lodges are strategically designed around central garden spaces providing private retreats. With regular bookings throughout the year, this aspect of the property promises steady income potential. Located conveniently near thriving villages and beautiful walking trails in proximity to New Forest National Park, this property not only offers residential comfort but also commercial viability in holiday lettings.

Investment Analysis

(GU34 area)

Above Market Value

This property is priced +65.9% above area average per sq ft

+65.9%
This Property
£683/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£334
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£961,662
10% above area average per sq ft
Potential ROI
-38.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (GU34)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +0.8%
5 year growth: +6.8%
Investment Disclaimer: Analysis based on GU34 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

Medstead
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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
£5,230
Based on a loan of £1,087,500 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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