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Hawthorn Close, Alresford, Hampshire SO24 - Image 1
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Hawthorn Close, Alresford, Hampshire SO24

South East

£515,000
Listed on 17/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
738 sqft

Description

This semi-detached bungalow, situated in a desirable area, presents a unique opportunity for renovation and investment. The property features well-organized accommodation all on the ground floor, making it an ideal base for comfortable living. Upon entering, you are greeted by a central hallway that connects to several key rooms. The sitting/dining room offers a square layout that maximizes natural light, providing a spacious area suitable for both everyday use and entertaining guests. With two generously sized double bedrooms, there is flexibility in how these spaces can be utilized—whether as traditional sleeping quarters or converted into a home office or hobby room. The family bathroom is conveniently located and equipped with essential fittings. The kitchen is designed to optimize storage and workspace while featuring access to a rear lobby that leads to the garden. This space holds significant potential for reconfiguration or extension (subject to planning approvals), allowing you to create an expansive kitchen/dining area or an open-concept living space. Additional benefits include UPVC double glazing and a gas boiler, ensuring energy efficiency and comfort from day one. While the property is move-in ready, it also offers ample opportunities for personalization and modern updates. Outside, the front garden adds charm with its established flower borders. A hardstanding area provides off-road parking alongside a detached garage that could serve as secure vehicle storage or a functional workshop. The rear garden extends approximately 85ft, offering abundant space for various outdoor activities or potential future developments (subject to planning). Conveniently located just an 8-minute walk from town amenities—including shops and medical facilities—this bungalow not only boasts a generous plot but also holds excellent investment potential in an attractive market town. Alresford’s rich history, combined with its vibrant community atmosphere set against Hampshire's beautiful countryside, makes this property an exceptional prospect.

Investment Analysis

(SO24 area)

Above Market Value

This property is priced +47.1% above area average per sq ft

+47.1%
This Property
£698/sq ft
Area Average
£475/sq ft
Avg Rent (weekly)
£439
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£385,240
10% above area average per sq ft
Potential ROI
-30.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SO24)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +2.8%
5 year growth: +12.9%
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

Hawthorn Close, Alresford, Hampshire SO24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,824
Based on a loan of £386,250 over 30 years at 3.91% 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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