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Merryfield Road, Petersfield, Hampshire

South East

£775,000
Listed on 09/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1511 sqft

Description

Situated at the far end of a highly sought-after cul-de-sac in Petersfield, this four-bedroom detached residence presents an exciting opportunity for those looking to invest in a spacious family home with significant renovation potential. The property is conveniently located within walking distance of Churcher's College, the main railway station, and the town centre, making it ideal for families and commuters alike. The exterior boasts a wide driveway that accommodates ample off-road parking, complemented by a charming front garden and integral garage. Inside, an inviting entrance hallway leads to a generously sized sitting room featuring oak flooring, a bay window, and a gas fireplace—offering both comfort and charm. Adjacent to this is a conservatory that enhances natural light flow and living space. The separate dining room overlooks the rear garden, providing an excellent venue for family gatherings. The kitchen/breakfast area includes practical features such as base and eye-level units, gas hob, utility space, and access to the garden through a side door. Ascending to the upper floor reveals four well-proportioned bedrooms, with the master bedroom offering fitted wardrobes. A shower room and separate bathroom serve this level well. The west-facing back garden is a private oasis filled with mature greenery—a perfect setting for outdoor entertaining or relaxing in solitude. With ample scope for extension or reconfiguration (subject to necessary consents), this property holds fantastic potential for further enhancement. With double glazing throughout and gas central heating already in place, buyers can focus on personalizing their new home without major structural changes immediately required. This residence represents not just a home but also an investment opportunity worth considering.

Investment Analysis

(GU31 area)

Above Market Value

This property is priced +5.0% above area average per sq ft

+5.0%
This Property
£513/sq ft
Area Average
£489/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£812,268
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
10
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (GU31)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -10.2%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on GU31 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

Merryfield Road, Petersfield, Hampshire
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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
£2,745
Based on a loan of £581,250 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.

Stamp Duty Calculator

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