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Upper Street, Fleet, Hampshire, GU51 - Image 1
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Upper Street, Fleet, Hampshire, GU51

South East

£240,000
Listed on 25/03/2026

Property Details

Bedrooms
N/A
Type
Office

Description

This vacant leasehold property presents a valuable investment opportunity, prominently located in the heart of Fleet town centre. Spanning approximately 1,758 sq. ft. across two levels, the layout currently consists of office spaces that could be repurposed into residential units, pending necessary planning approvals. The ground floor measures 793 sq. ft., while the first floor offers an additional 965 sq. ft., providing ample space for potential conversion. With convenient access to both road and rail networks, this property is ideally positioned for future residential demand. Furthermore, it benefits from a long lease with around 980 years remaining and includes one allocated parking space for ease of use. Fleet is well-known for its vibrant mix of amenities, including shops, dining options, and community facilities, making it an attractive area for investors looking to capitalize on the growing market for residential properties in central locations.

Investment Analysis

(GU51 area)
Area Average
£440/sq ft
Avg Rent (weekly)
£316
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (GU51)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +3.5%
5 year growth: +3.1%
Investment Disclaimer: Analysis based on GU51 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

Upper Street, Fleet, Hampshire, GU51
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Mortgage Calculator

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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 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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