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Mill Lane, Petersfield, GU32 - Image 1
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Mill Lane, Petersfield, GU32

South East

£320,000
Listed on 28/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1021 sqft

Description

Situated in a vibrant village, this charming cottage presents an exceptional opportunity for prospective buyers looking to infuse their style into a property with substantial potential. Featuring two spacious double bedrooms, the home serves as a blank canvas ready for your renovation ideas. An adjoining brick outbuilding adds practicality, providing ample storage solutions while a designated carport ensures off-road parking convenience. The quaint ambiance of the interior complements the serene surroundings, making it perfect for those desiring a tranquil retreat within a desirable community. The outdoor space is particularly noteworthy—a generous area that invites transformation into an enchanting garden or patio setting. Picture leisurely mornings with coffee or delightful evening gatherings in this private sanctuary; the possibilities to enhance and personalize are extensive. This cottage is being offered through an online auction process, ensuring a transparent and efficient sale to interested buyers, who can secure this property promptly upon acceptance of their bid.

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -32.0% below area average per sq ft

-32.0%
Potential saving
This Property
£313/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£294
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£517,637
10% above area average per sq ft
Potential ROI
+43.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (GU32)

Area prices are falling by +19.7% over the last 12 months
3 year growth: -15.7%
5 year growth: -10.5%
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.

Next Steps

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