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Merchistoun Road, Horndean

South East

£445,000
Listed on 22/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1128 sqft

Description

This semi-detached home is situated on a desirable corner plot in the village of Horndean and boasts a generous driveway, providing ample off-street parking. The property features front and rear gardens, with the latter primarily laid to lawn and equipped with a patio area perfect for outdoor gatherings. With good local schools, amenities, and excellent transport links nearby, it presents an attractive option for families and commuters alike. Internally, the residence has undergone thoughtful extensions and renovations by its current owners but still holds additional potential for further development on the side elevation, pending the necessary planning permissions. The ground floor offers an inviting open-plan living space that flows nicely into a modern kitchen/dining area, equipped with bi-fold doors that open up to the garden. This layout not only maximizes natural light but also enhances the entertaining experience. In addition to three well-sized bedrooms upstairs, there is a versatile office space that could easily be converted into a fourth bedroom or snug. The property's contemporary shower room adds convenience to everyday life. While many aspects of this home are already modernized, there remain opportunities to tailor further renovations according to personal taste or investment goals.

Investment Analysis

(PO8 area)

Above Market Value

This property is priced +12.7% above area average per sq ft

+12.7%
This Property
£395/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£306
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£434,466
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (PO8)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -0.1%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on PO8 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

Merchistoun Road, Horndean
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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
£1,605
Based on a loan of £333,750 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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