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Mill Lane, Petersfield, GU32

South East

£265,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
End Of Terrace
Area
1021 sqft

Description

Situated within a desirable village, this charming character cottage presents an exciting opportunity for renovation and personalization. Featuring two spacious double bedrooms, it serves as an ideal foundation for individuals looking to infuse their personal style and create their perfect living space. The property includes a brick outbuilding that offers practical storage options, alongside a convenient carport that provides off-road parking—a notable asset in this community. The exterior boasts a generous outdoor area, ripe for transformation into a beautiful garden or outdoor retreat. This area can easily become the highlight of the property, perfect for morning coffees or evening gatherings in serene surroundings. With its quaint interior and peaceful location, this cottage is not only a potential home but also an investment waiting to be unlocked through thoughtful updates and renovations. The property will be available through an online auction process, ensuring transparency and efficiency for potential buyers.

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -43.7% below area average per sq ft

-43.7%
Potential saving
This Property
£260/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£276
Avg Yield
2.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£518,142
10% above area average per sq ft
Potential ROI
+67.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (GU32)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -6.0%
5 year growth: -6.0%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£945
Based on a loan of £198,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-19.7% since listed
£265,000£55,000(-17.2%)
30/04/2026
Current price
£320,000£10,000(-3.0%)
27/01/2026
£330,000Initial listing
27/11/2025

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