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Wheatear Drive, Petersfield, Hampshire

South East

£350,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
743 sqft

Description

This spacious three-bedroom mid-terrace residence offers a promising opportunity for both first-time buyers and savvy investors seeking renovation potential. The property is conveniently located near the scenic Petersfield Heath and the Taro Centre, ensuring easy access to local amenities. The front garden presents an excellent chance to enhance off-road parking options, while allocated parking at the back adds further convenience. Inside, the home spans two floors beginning with a welcoming entrance porch that features a useful storage cupboard. The expansive living room benefits from a bright bay window, creating a warm and inviting atmosphere. A functional kitchen/dining area provides ample space for family dining and could be transformed into a more modern layout with some creativity. Upstairs, you will find three generously sized double bedrooms along with a family bathroom equipped with both a bath and overhead shower. The dimensions of the main bedrooms offer flexibility for families or can serve as dedicated home office spaces. The rear garden boasts an attractive decked area leading to a paved pathway adorned with planted borders and mature trees, giving it character throughout the seasons. There is notable potential for expansion at the back (subject to planning consent), which could significantly enhance the ground floor layout by creating an open-plan kitchen/diner. Designed for both comfort and investment potential, this property awaits your vision for its next chapter.

Investment Analysis

(GU31 area)

Below Market Value

This property is priced -3.2% below area average per sq ft

-3.2%
Potential saving
This Property
£471/sq ft
Area Average
£487/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£397,821
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
12
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (GU31)

Area prices are rising by +8.1% over the last 12 months
3 year growth: -7.1%
5 year growth: +7.7%
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

Wheatear Drive, Petersfield, Hampshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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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