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Station Approach, Alresford

South East

£425,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
877 sqft

Description

This mid-terrace cottage presents a prime opportunity for renovation and investment, ideally located just a short stroll from the vibrant town centre. The property comprises three bedrooms alongside a sitting room, dining room, kitchen, and downstairs bathroom, much of which is in need of updating to unlock its full potential. The entryway leads into a welcoming hall with stairs ascending to the first floor. A charming sitting room boasts a fireplace and bay window, while the dining room features an understairs cupboard for extra storage. The kitchen holds fitted cupboards, worktops, an electric oven and hob—ready for modernisation. Upstairs, the landing includes access to a loft and a useful linen cupboard. The main bedroom is spacious with built-in wardrobes, complemented by two additional bedrooms that overlook the garden. Outside, the low-maintenance rear garden is predominantly paved and houses a shed; it also provides access to a pathway leading back into town. Situated in Alresford—a picturesque Georgian town known for its unique shops and eateries—the property also benefits from convenient transport links to Winchester and beyond. With no onward chain and parking permits available from the council for immediate use, this property holds significant promise for those looking to invest or create their dream home in an attractive locale.

Investment Analysis

(SO24 area)

Above Market Value

This property is priced +2.1% above area average per sq ft

+2.1%
This Property
£485/sq ft
Area Average
£475/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£457,847
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SO24)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +1.5%
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

Station Approach, Alresford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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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