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Hawthorn Close, Alresford, Hampshire, SO24 - Image 1
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Hawthorn Close, Alresford, Hampshire, SO24

South East

£515,000
Listed on 19/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
738 sqft

Description

This semi-detached bungalow, situated in a desirable area, presents a solid foundation for renovation and investment. The ground floor layout includes an entrance hall that connects to all main rooms, embodying a practical design suitable for everyday living. The sitting/dining room is a spacious square area that benefits from substantial natural light, offering room for various furniture arrangements and potential updating. Two ample double bedrooms provide flexible options, whether utilized as sleeping quarters or repurposed as office space or hobby areas. The family bathroom is centrally located with essential fittings including a bath, wash basin, and WC. The kitchen is efficiently designed with good worktop and storage capacity while providing direct access to the rear lobby leading out to the garden. This layout offers excellent opportunities for reconfiguration to create a more contemporary open-plan living area or an expanded kitchen/dining space, pending necessary planning approvals. Benefiting from UPVC double glazing and a gas heating system, the property ensures comfort and energy efficiency while being ready for immediate habitation. However, there remains substantial room for personalization to align with modern tastes. Externally, the front garden is neat with established flower borders enhancing curb appeal. A side hardstanding leads to a detached garage which can serve multiple purposes including secure storage or a workshop. The expansive rear garden extends around 85ft offering privacy and versatility perfect for outdoor activities or future development possibilities. Just an 8-minute walk from local amenities such as shops and healthcare facilities via paved paths enhances its attractiveness for prospective buyers. This combination of location and potential makes it an appealing opportunity particularly for those looking to invest in a property that can be tailored to personal preferences while enjoying the benefits of living in Alresford—a town known for its rich history and vibrant community.

Investment Analysis

(SO24 area)

Above Market Value

This property is priced +47.1% above area average per sq ft

+47.1%
This Property
£698/sq ft
Area Average
£475/sq ft
Avg Rent (weekly)
£439
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£385,240
10% above area average per sq ft
Potential ROI
-30.6%
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 (SO24)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +2.8%
5 year growth: +12.9%
Investment Disclaimer: Analysis based on SO24 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

Hawthorn Close, Alresford, Hampshire, SO24
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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
£1,824
Based on a loan of £386,250 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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