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Waterbrook Road, Alton, Hampshire, GU34 - Image 1
Waterbrook Road, Alton, Hampshire, GU34 - Image 2
Waterbrook Road, Alton, Hampshire, GU34 - Image 3
Waterbrook Road, Alton, Hampshire, GU34 - Image 4
Waterbrook Road, Alton, Hampshire, GU34 - Image 5

Waterbrook Road, Alton, Hampshire, GU34

South East

£500,000
Listed on 12/10/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1479 sqft

Description

This detached property, dating back to the 1950s, presents a compelling opportunity for those looking to invest in a home with significant renovation potential. With three spacious bedrooms, the layout allows for creative reimagining to suit modern lifestyles. The main living areas are oriented to the southwest, inviting natural light throughout the day and offering pleasant views of the surrounding landscape. One of the standout features of this property is its unique positioning adjacent to rolling open farmland on one side, providing a sense of tranquility and open space rarely found in urban settings. On the other side, you will find proximity to Waterbrook Estate, which offers commercial amenities and can enhance the area’s appeal. While the home requires some modernisation, this also creates an excellent canvas for those looking to personalize their space or capitalize on potential development opportunities. The possibility of change of use (subject to planning consent) further enhances its charm as an investment. This combination of location and potential makes it a noteworthy prospect for both homeowners and investors alike.

Investment Analysis

(GU34 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£338/sq ft
Area Average
£410/sq ft
Avg Rent (weekly)
£381
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£666,541
10% above area average per sq ft
Potential ROI
+21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (GU34)

Area prices are rising by +6.0% over the last 12 months
3 year growth: -1.6%
5 year growth: 11.1%
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

Waterbrook Road, Alton, Hampshire, GU34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE