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Mill Lane, Petersfield, GU32

South East

£330,000
Listed on 28/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1021 sqft

Description

Located in a vibrant village, this charming cottage presents a unique opportunity for renovation enthusiasts or investors. Featuring two spacious double bedrooms, the property serves as an ideal foundation for personalisation and improvement. The presence of a brick outbuilding offers additional storage options, while the carport ensures off-road parking convenience. With a warm and inviting interior complemented by serene surroundings, this cottage is perfect for those looking to create their dream retreat within a desirable community. The outdoor area is particularly noteworthy; it provides ample space ripe for transformation into an exceptional garden or entertaining space. Whether it's crafting your morning coffee nook or hosting evening gatherings, this versatile outdoor area can easily be tailored to reflect your lifestyle preferences. Overall, this property is not just a home but also a canvas waiting for your vision.

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -29.9% below area average per sq ft

-29.9%
Potential saving
This Property
£323/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£369
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£518,142
10% above area average per sq ft
Potential ROI
+38.2%
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

Mill Lane, Petersfield, GU32
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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
£1,209
Based on a loan of £247,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE