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North Street, Petworth, West Sussex, GU28

South East

£1,395,000

Listed on 03/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
4294 sqft

Description

This distinguished detached period residence, rich in history and set against the breathtaking backdrop of the Shimmings Valley, presents a unique opportunity for renovation enthusiasts. As a Grade II* listed building dating back to the mid-1600s, it showcases extensive period features such as mullion windows and lofty ceilings that define its character. The property spans four floors, offering flexible living arrangements, while the rear of the house boasts picturesque views that can be fully optimized with thoughtful updates. The previous owners, notable architects, have enhanced the property's charm with a beautifully landscaped garden, which consists of distinct sections—perfect for outdoor gatherings or personal retreats. Accessible from both front and rear entrances, the house includes a well-equipped kitchen adjacent to a dining room featuring a wood-burning inglenook fireplace. An oak staircase leads to generous living spaces on the ground floor, including an elegant sitting room and drawing room with oak paneling and an open fireplace. The upper levels accommodate five bedrooms across various configurations, providing ample space for family living or guest accommodations. Additionally, there is an outbuilding currently utilized as a workshop but ripe for transformation into ancillary living space—a potential project for those looking to expand their investment. Located centrally in Petworth, this property not only offers historical allure but also proximity to local amenities such as antique shops and restaurants. The surrounding area is rich in leisure activities including walking trails within the South Downs National Park. Investing in this property would not only be about preserving its history but also enhancing its potential as a family home or lucrative rental opportunity in a desirable location.

Investment Analysis

(GU28 area)

Below Market Value

This property is priced -30.7% below area average per sq ft

-30.7%
Potential saving
This Property
£325/sq ft
Area Average
£469/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£2,214,802
10% above area average per sq ft
Potential ROI
+43.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (GU28)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -1.7%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on GU28 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

North Street, Petworth, West Sussex, GU28
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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
£5,270
Based on a loan of £1,046,250 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.

Stamp Duty Calculator

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