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Highridge, Alton, Hampshire GU34

South East

£475,000

Listed on 23/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1469 sqft

Description

This detached bungalow, dating back to the 1930s, presents a unique opportunity for those looking to invest in a property with great potential for modernization and expansion (subject to planning permission). Situated on a desirable elevated road on the outskirts of Alton, this home boasts picturesque views over the surrounding countryside. The area offers a blend of tranquil walks, including routes to Ackender Woods and Beech village, alongside convenient access to the town center. Local amenities are readily available, including shops like Waitrose and Sainsbury's, as well as schools and recreational facilities within close proximity. The property is located within a network of quiet residential roads while still maintaining good transport links to Basingstoke and the M3. This bungalow is being sold with no onward chain, allowing for a smooth transaction for prospective buyers keen on renovation or redevelopment.

Investment Analysis

(GU34 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£323/sq ft
Area Average
£411/sq ft
Avg Rent (weekly)
£319
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£663,731
10% above area average per sq ft
Potential ROI
+24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (GU34)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +5.0%
5 year growth: +7.7%
Investment Disclaimer: Analysis based on GU34 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

Highridge, Alton, Hampshire GU34
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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
£1,794
Based on a loan of £356,250 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

Price History

-20.2% since listed
£475,000£104,950(-18.1%)
22/05/2026
Current price
£579,950£15,050(-2.5%)
08/01/2025
£595,000Initial listing
18/10/2024

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