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Downhouse Road, Waterlooville, PO8

South East

£1,475,000
Listed on 05/03/2026

Property Details

Bedrooms
7
Type
Detached house
Area
3312 sqft

Description

Set on approximately 1.3 acres, this expansive seven-bedroom country residence paired with a separate three-bedroom annex presents a unique opportunity for renovation and investment on the cusp of the South Downs National Park. Ideal for multi-generational living or to generate rental income, this property offers remarkable flexibility and privacy within the Hampshire countryside. The main house features a grand entrance hall that sets the tone for spacious living. The formal sitting room, characterized by a bay window and an exposed brick fireplace with a wood burner, exudes charm. Connected to this is a dining room that overlooks the lush gardens — perfect for gatherings. The kitchen boasts traditional wooden cabinetry and ample space for enhancements, such as modern appliances or a complete redesign to maximize both functionality and aesthetic appeal. Additionally, the extended family room presents an exciting opportunity for modernization; its high ceilings, skylights, and patio access encourage seamless integration of indoor-outdoor spaces. Upstairs, the extensive main bedroom suite offers potential for further customization, while two conveniently located ground floor bedrooms provide flexible accommodation options. The standout feature of this property is the fully self-sufficient annex, ideal for guests or as a rental unit. With modern kitchen facilities and independent outdoor spaces, this area provides additional avenues for income generation or family use. The extensive grounds allow for various outdoor enhancements — whether you envision expanding gardens, creating entertaining spaces or pursuing smallholding dreams (subject to planning). The existing patio encourages alfresco dining or casual gatherings under the stars. Located just a mile from local amenities such as shops and schools, with convenient access to Petersfield railway station connecting directly to London Waterloo, this property expertly balances rural peace with accessibility. Rarely does such potential arise in this desirable area — making it an exceptional investment opportunity.

Investment Analysis

(PO8 area)

Above Market Value

This property is priced +26.5% above area average per sq ft

+26.5%
This Property
£445/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£310
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,282,406
10% above area average per sq ft
Potential ROI
-21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (PO8)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -1.2%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on PO8 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

Downhouse Road, Waterlooville, PO8
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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
£5,320
Based on a loan of £1,106,250 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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