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Mill Lane, Petersfield, GU32

South East

£320,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
End Of Terrace
Area
1021 sqft

Description

Situated in a vibrant village, this characterful cottage holds great promise for those eager to influence its future. Featuring two spacious double bedrooms, it serves as an ideal starting point for anyone ready to inject personal style and upgrades into their living space. The property includes a brick outbuilding that enhances storage options and a carport that ensures off-road parking convenience. With its quaint charm, this cottage is not only a comfortable residence but also an excellent opportunity for modernisation and improvement. The exterior offers generous outdoor space, ripe for transformation into a delightful garden or entertaining area. This blank canvas allows you to envision everything from quiet morning coffees to lively evening gatherings in a serene setting. This property is available through an online auction process, ensuring transparency and efficiency when securing your investment. It’s an excellent opportunity for those wishing to dive into the renovation market while being surrounded by a sought-after community.

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£313/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£313
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£518,030
10% above area average per sq ft
Potential ROI
+43.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (GU32)

Area prices are falling by -16.3% over the last 12 months
3 year growth: -14.4%
5 year growth: -9.5%
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

Mill Lane, Petersfield, GU32
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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
£1,154
Based on a loan of £240,000 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.

Price History

-3.0% since listed
£320,000£10,000(-3.0%)
27/01/2026
Current price
£330,000Initial listing
27/11/2025

Next Steps

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