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Water Lane, Bishop's Sutton, Alresford, Hampshire, SO24

South East

£750,000

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1543 sqft

Description

This well-proportioned detached three-bedroom family home is situated in a tranquil residential area of Bishop's Sutton, offering ample living space and flexible accommodation. While the property is currently in good condition, there are significant opportunities for enhancement and expansion. The large loft space above the garage presents a perfect prospect for conversion, along with the garage itself, subject to obtaining the relevant planning permissions. The property benefits from a sizeable plot featuring a gravel driveway that allows for multiple vehicle parking. Inside, you'll find a welcoming entrance hallway leading to a spacious sitting room and a double bedroom. The modern kitchen/breakfast room includes a log burning stove and connects to the utility room with access to both the garage and garden. A dining room opens out into the rear garden, complemented by a family bathroom on the ground floor. Upstairs, two additional double bedrooms with dormer windows share another bathroom. Externally, there’s an enclosed garden mainly laid to lawn with beautiful mature flower beds, providing an excellent outdoor space. This property also operates on a sewage treatment plant managed by Winchester City Council, which incurs an annual maintenance charge. Bishop's Sutton offers not just scenic beauty but also community charm with easy access to local amenities and outdoor activities in nearby areas like South Downs National Park.

Investment analysis

(SO24 area)

Above Market Value

This property is priced +2.0% above area average per sq ft

+2.0%
This Property
£486/sq ft
Area Average
£477/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£809,103
10% above area average per sq ft
Potential ROI
-0.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SO24)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -0.3%
5 year growth: +13.8%
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

Water Lane, Bishop's Sutton, Alresford, Hampshire, SO24
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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
£2,833
Based on a loan of £562,500 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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