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Orchard Close, Elsted, Midhurst, West Sussex, GU29 - Image 1
Orchard Close, Elsted, Midhurst, West Sussex, GU29 - Image 2
Orchard Close, Elsted, Midhurst, West Sussex, GU29 - Image 3

Orchard Close, Elsted, Midhurst, West Sussex, GU29

South East

£498,950

Listed on 10/09/2026

The listing

Property details

Bedrooms
2
Type
Bungalow
Area
1101 sqft

Description

This two-bedroom detached bungalow presents a unique opportunity for refurbishment in the tranquil village of Elsted. Nestled in a quiet cul-de-sac, the property has been held by the same owner for three decades, offering potential for modernization and reconfiguration, subject to planning approval. The spacious sitting room features a large picture window and a cozy dual fuel stove, creating a welcoming atmosphere. The kitchen includes matching wall and base units, with space for essential appliances, leading into a dining room that opens onto a wooden deck and a south-facing garden. Both double bedrooms share a bathroom equipped with both a shower and bath. Surrounding the property, the gardens are laid to lawn, adorned with flower borders, a summerhouse, and a small pond, while a detached garage/workshop provides additional utility. The village boasts recreational facilities and scenic views of the South Downs, with nearby amenities available in South Harting and Petersfield. This property is ideal for those seeking to invest in a home that can be customized to their taste.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

44out of 100
Grade ELow opportunity

Confidence: MEDIUM

This two-bedroom detached bungalow in the quiet village of Elsted offers a spacious layout with significant potential for customization. While it requires substantial refurbishment, including updates throughout the living areas, bedrooms, and kitchen, the good exterior condition and the inviting garden add to its charm. The property's location is appealing, situated in a cul-de-sac and surrounded by beautiful countryside, making it a great setting for a family home or a peaceful retreat.

However, the asking price of £498,950, which translates to £453/sqf, sits slightly above the local average of £445/sqf. Coupled with an estimated renovation range of £50,000 to £100,000, the all-in cost appears stretched against local benchmarks for similar properties, potentially limiting the investment upside. Buyers should consider the economic outlook carefully as they weigh this opportunity against local market conditions.

Key opportunities

  • Spacious layout allows for various customization options.
  • Good exterior condition with a charming garden and summerhouse.
  • Quiet village location with access to beautiful countryside.

Key risks

  • All-in costs may exceed local benchmarks, affecting investment viability.

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Map

Location

Orchard Close, Elsted, Midhurst, West Sussex, GU29
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,885
Based on a loan of £374,212 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.

Tax

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Indicative tax based on the asking price and the options you select.

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