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Medstead Road, Beech, Alton, Hampshire, GU34 - Image 1
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Medstead Road, Beech, Alton, Hampshire, GU34 - Image 8
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Medstead Road, Beech, Alton, Hampshire, GU34 - Image 10
Medstead Road, Beech, Alton, Hampshire, GU34 - Image 11

Medstead Road, Beech, Alton, Hampshire, GU34

South East

£630,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1887 sqft

Description

This well-proportioned four-bedroom home offers an excellent canvas for renovation and investment, situated in a charming rural hamlet with scenic views over Bushy Leaze Wood. Constructed in the mid-1960s, the property spans three levels, presenting multiple options for reconfiguration or expansion to enhance both functional space and market value. The layout is thoughtfully designed to accommodate contemporary family needs. The kitchen/breakfast area features classic white cabinetry paired with wooden countertops, along with a stable door that opens into a conservatory—an area ripe for transformation into a central living space by merging it with the kitchen. The generously sized sitting room enjoys dual aspects and boasts a bay window that frames serene woodland vistas, contributing to the home's inviting atmosphere. On the main floor, you will also find two well-appointed double bedrooms, each equipped with built-in wardrobes, as well as an en-suite shower room and a family bathroom. The lower ground floor adds significant versatility with its two reception areas, a kitchen, and an additional shower room. This level could serve many purposes—from creating a self-contained annexe for guest accommodations or rental income to establishing a dedicated home office space. Meanwhile, the first floor comprises two interconnected bedrooms alongside a study and cloakroom. Outside, the property features flat lawn and patio gardens that border the rear and side of the house, complemented by tiered landscaped gardens that provide privacy and tranquility. A gravel driveway accessed through a five-bar gate ensures ample parking space, alongside a single carport and large storage shed. Notably, there was previously approved planning permission for a single-storey side extension that has since lapsed—a potential opportunity for future development upon reapplication. Located in Beech—a village known for its strong community spirit—this home is positioned northwest of Alton amidst Hampshire's picturesque countryside while remaining conveniently close to major transport links including the M3 at Basingstoke and A31. The nearby market town of Alton offers diverse shopping options including weekly markets, as well as access to a mainline railway station and sports facilities featuring a swimming pool. This combination of location benefits and renovation potential truly makes this property stand out as an investment opportunity.

Investment Analysis

(GU34 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£334/sq ft
Area Average
£410/sq ft
Avg Rent (weekly)
£381
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£850,414
10% above area average per sq ft
Potential ROI
+16.5%
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

Medstead Road, Beech, 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
£2,308
Based on a loan of £472,500 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