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Scrubbs Lane, Bishops Sutton, Alresford

South East

£1,500,000
Listed on 14/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
3370 sqft

Description

Situated in the tranquil village of Bishops Sutton, this property presents a unique opportunity for renovation enthusiasts and investors alike. Set on a generous 0.82-acre plot, The Old Vicarage is an expansive residence that has remained in the same ownership for many years, awaiting a fresh vision to modernize its interior for contemporary living. With ample space for family life, it features multiple reception rooms characterized by high ceilings and charming sash windows, alongside a sizeable kitchen and useful utility areas that could be transformed into inviting social spaces. The first floor offers four double bedrooms, with the principal room benefiting from an ensuite shower room and scenic garden views. An additional staircase leads to attic rooms that provide further potential for use as storage or guest accommodation. The south-westerly garden boasts mature hedging for privacy and includes established vegetable patches and fruit trees, setting the stage for outdoor enjoyment or landscaping projects. This property is strategically located just two miles from Alresford, a vibrant town known for its independent shops and community spirit. With good transport links to nearby towns including Winchester and Petersfield, this home promises both serene village life and accessibility. Given its need for refurbishment, The Old Vicarage stands as an ideal canvas for those looking to create their dream family home in a picturesque setting.

Investment Analysis

(SO24 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£445/sq ft
Area Average
£476/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,762,679
10% above area average per sq ft
Potential ROI
+8.8%
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
10%
Properties sold annually

Local Market Trend (SO24)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +1.4%
5 year growth: +14.4%
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

Scrubbs Lane, Bishops Sutton, Alresford
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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
£5,351
Based on a loan of £1,125,000 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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