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South Town Road, Medstead, Alton, Hampshire - Image 1
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South Town Road, Medstead, Alton, Hampshire

South East

£1,195,000
Listed on 18/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2958 sqft

Description

This distinctive detached family home is ideally situated on one of the most esteemed roads in the area, just a short stroll from village amenities. The property, known as Peachings, benefits from its proximity to local schools, recreational facilities like the cricket and tennis clubs, and other essential community services. Its location strikes an ideal balance between tranquil village life and practical convenience. Internally, the residence boasts spacious and adaptable living areas filled with charm and character. The centerpiece is a welcoming drawing room featuring a Jetmaster fire, providing an inviting atmosphere suitable for both daily family use and entertaining guests. While the existing layout is functional, there is ample opportunity for reconfiguration or even extension (subject to planning permissions) to better accommodate changing family dynamics. Upstairs comprises five bedrooms in total, including two impressive principal suites complete with ensuite bathrooms. Three additional well-sized bedrooms along with a family bathroom make this property suitable for larger families or multi-generational living. Set back on a tranquil plot with plentiful parking, the property also features a beautifully maintained rear garden that provides an oasis of peace — enhancing the overall lifestyle experience. Peachings offers considerable renovation potential for those seeking to inject their personal style or expand its footprint in one of Medstead’s highly coveted locales. This property represents an excellent investment opportunity amidst fine Hampshire countryside, with easy access to nearby towns and major transport links.

Investment Analysis

(GU34 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£404/sq ft
Area Average
£410/sq ft
Avg Rent (weekly)
£367
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,334,871
10% above area average per sq ft
Potential ROI
+1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (GU34)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +2.4%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on GU34 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

South Town Road, Medstead, Alton, Hampshire
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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
£4,310
Based on a loan of £896,250 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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