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Tilmore Gardens, Petersfield, Hampshire

South East

£450,000
Listed on 30/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
674 sqft

Description

This two-bedroom bungalow presents an excellent opportunity for those looking to enhance and personalize their family home. Nestled on a spacious plot in a desirable residential area of Petersfield, the property offers great potential for both renovation and possible expansion. The exterior features a large front garden complemented by driveway parking suitable for several vehicles, alongside a detached single garage for additional vehicle storage or utility space. Upon entering, a generous entrance hallway connects you to the various living spaces. On one side, you'll find a spacious sitting room complete with a fireplace and bay window that invites natural light. Opposite are two well-sized double bedrooms equipped with built-in wardrobes, providing ample storage solutions. The kitchen/breakfast room is notably roomy and includes a gas-fired boiler, along with access to the expansive rear garden which adds further potential for outdoor enhancements. While the property is currently in need of modernization throughout, it holds significant promise for transformation into a contemporary family residence. All mains services are connected, and it benefits from double glazing throughout. This could truly be your ideal home with some thoughtful updates and possibly even an extension to maximize space. Council tax band D - £2232 per annum.

Investment Analysis

(GU32 area)

Above Market Value

This property is priced +44.7% above area average per sq ft

+44.7%
This Property
£668/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£369
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£342,045
10% above area average per sq ft
Potential ROI
-30.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (GU32)

Area prices are falling by +19.8% over the last 12 months
3 year growth: -14.8%
5 year growth: -2.7%
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

Tilmore Gardens, Petersfield, Hampshire
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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
£1,648
Based on a loan of £337,500 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