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Highridge, Alton, Hampshire, GU34

South East

£475,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1469 sqft

Description

This delightful detached bungalow, built in the 1930s, presents a prime opportunity for those looking to invest in a property with significant renovation and extension potential (subject to planning permission). Nestled on an elevated residential road, the home boasts picturesque countryside views and is located on the western outskirts of Alton, a quaint historic market town. The surrounding area offers easy access to scenic walks through Ackender Woods and beyond to Beech village, alongside a pedestrian route into the town centre. Local amenities include The Butts green space, The Butts Primary School, and the headwaters of the River Wey. The strategic location provides connectivity via 'access only' roads linking to the A339 and B3349, facilitating commutes to Basingstoke and M3 Junction 5. Residents can enjoy convenient access to various shops including Waitrose, M&S, Sainsbury’s, Lidl, and Aldi, as well as local schools, colleges, fitness facilities, and recreational options like golf courses and a sports centre. This property is offered with no onward chain.

Investment Analysis

(GU34 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£323/sq ft
Area Average
£411/sq ft
Avg Rent (weekly)
£322
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£663,893
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (GU34)

Area prices are rising by +6.0% over the last 12 months
3 year growth: +5.0%
5 year growth: +8.4%
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

Highridge, Alton, Hampshire, GU34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-20.2% since listed
£475,000£85,000(-15.2%)
20/05/2026
Current price
£560,000£19,950(-3.4%)
03/04/2025
£579,950£15,050(-2.5%)
07/01/2025
£595,000Initial listing
01/01/2025

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