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Mill Lane, Petersfield, Hampshire, GU32 2AJ - Image 1
Mill Lane, Petersfield, Hampshire, GU32 2AJ - Image 2
Mill Lane, Petersfield, Hampshire, GU32 2AJ - Image 3
Mill Lane, Petersfield, Hampshire, GU32 2AJ - Image 4
Mill Lane, Petersfield, Hampshire, GU32 2AJ - Image 5
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Mill Lane, Petersfield, Hampshire, GU32 2AJ

South East

£320,000
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
943 sqft

Description

Located in a desirable village setting, this charming cottage offers a unique opportunity for those looking to invest in a property with significant renovation potential. Comprising two spacious double bedrooms, this home is ideally suited for buyers wanting to personalize their living space. The presence of a brick outbuilding enhances storage options, while the carport provides off-road parking, adding to the property's practicality. Inside, the character-filled rooms present ample opportunity for modernizing and enhancing the layout to better suit contemporary lifestyles. The outdoor area is particularly noteworthy; it features a generous garden that can be transformed into an inviting retreat or entertaining space. With some creative vision, this outdoor canvas could become an ideal spot for relaxation or social gatherings. This quaint cottage encapsulates both tranquility and investment potential within a vibrant community. Council Tax Band: E Tenure: Freehold

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -26.4% below area average per sq ft

-26.4%
Potential saving
This Property
£339/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£294
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£478,092
10% above area average per sq ft
Potential ROI
+32.8%
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, Hampshire, GU32 2AJ
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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.

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