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Arun Close, Petersfield, Hampshire

South East

£495,000
Listed on 21/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1006 sqft

Description

This detached family residence, located within the desirable 'Rivers' development in Petersfield, presents a rare opportunity for buyers looking to infuse their personal touch into a well-positioned home. Being offered for sale for the first time since its construction and free of any onward chain, this property is particularly appealing to those keen on renovations. The prime location allows easy access to both the town centre and mainline train connections to London and the South Coast.<br><br>Upon entering, you are greeted by a spacious entrance hall that leads to a practical ground floor cloakroom. The living room, characterized by its bright rear aspect, offers a comfortable retreat with direct garden access. There's also a separate dining area adjacent to the kitchen that has the potential for an open-plan redesign, subject to relevant approvals.<br><br>The kitchen is functional with ample storage but would benefit from modernisation, allowing for customization according to individual preferences. A conservatory extends from the kitchen, enhancing the connection between indoor and outdoor spaces.<br><br>On the upper floor, three bedrooms await your creative renovation ideas; the principal bedroom includes an ensuite shower room. The other two bedrooms share a family bathroom that could be updated as part of your enhancement plans.<br><br>The exterior boasts a generous plot with ample scope for extensions or garden improvements (subject to planning permissions). The fully enclosed rear garden is predominantly laid to lawn with established hedges offering privacy. A driveway at the front provides off-road parking along with garage access.<br><br>This property not only represents a chance to secure a family home but also serves as an excellent investment opportunity in a sought-after area known for its community spirit and amenities.

Investment Analysis

(GU31 area)

Below Market Value

This property is priced -0.2% below area average per sq ft

-0.2%
Potential saving
This Property
£492/sq ft
Area Average
£493/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£545,720
10% above area average per sq ft
Potential ROI
+2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (GU31)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -11.0%
5 year growth: +1.9%
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

Arun Close, Petersfield, 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
£1,785
Based on a loan of £371,250 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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