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Mill Lane, Petersfield, Hampshire, GU32 2AJ - Image 1
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Mill Lane, Petersfield, Hampshire, GU32 2AJ

South East

£320,000
Listed on 30/11/2025

Property Details

Bedrooms
2
Type
End Of Terrace
Area
943 sqft

Description

Situated in a charming village, this characterful cottage presents an exciting opportunity for renovation and personalisation. Featuring two spacious double bedrooms, the property serves as a blank canvas for those eager to create a bespoke living space that reflects their taste. The inclusion of a brick outbuilding adds practical storage options, while the carport provides off-road parking—facilitating ease of access and convenience. The inviting interior offers potential for modern upgrades, making it an appealing project for homebuyers or investors alike. Step outside to find a generous outdoor area, which holds great promise for transformation into your ideal garden retreat. Whether you envision serene mornings sipping coffee or lively evenings with friends, this open space invites customization to enhance your lifestyle. This property is ideally suited for anyone seeking to infuse their personality into a home within a desirable community setting.

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -26.2% below area average per sq ft

-26.2%
Potential saving
This Property
£339/sq ft
Area Average
£460/sq ft
Avg Rent (weekly)
£305
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£477,262
10% above area average per sq ft
Potential ROI
+32.6%
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
8%
Properties sold annually

Local Market Trend (GU32)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -4.0%
5 year growth: -4.1%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,133
Based on a loan of £240,000 over 30 years at 3.91% 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%)
28/01/2026
Current price
£330,000Initial listing
29/11/2025

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