Worst House on the Street Logo
West Meon, Petersfield, Hampshire GU32 - Image 1
West Meon, Petersfield, Hampshire GU32 - Image 2
West Meon, Petersfield, Hampshire GU32 - Image 3

West Meon, Petersfield, Hampshire GU32

South East

£425,000
Listed on 25/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
974 sqft

Description

This distinctive two-bedroom semi-detached cottage presents a promising opportunity for those looking to invest in renovation and expansion. The property is currently configured with two reception rooms and a kitchen that requires modern updates, making it an ideal project for buyers eager to enhance its charm and functionality. Notably, planning permission has already been granted (Ref: Sdnp/23/05261/hous) for a two-storey extension, enabling the transformation of this cottage into a spacious four-bedroom family home. The surrounding mature gardens offer a serene outdoor space, while the front aspect provides pleasant views over adjoining paddocks—potentially available for separate purchase—which further enhances its appeal. Nestled in a semi-rural area renowned for its natural beauty, this property is stepping onto the market for the first time, presenting buyers with a unique renovation project in a highly sought-after location.

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£436/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£313
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £120,000
Target Value
£494,183
10% above area average per sq ft
Potential ROI
-9.3%
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
15%
Properties sold annually

Local Market Trend (GU32)

Area prices are falling by -16.3% over the last 12 months
3 year growth: -14.4%
5 year growth: -9.5%
Investment Disclaimer: Analysis based on GU32 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

West Meon, Petersfield, Hampshire GU32
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.