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Merryfield Road, Petersfield, Hampshire GU31 - Image 1
Merryfield Road, Petersfield, Hampshire GU31 - Image 2
Merryfield Road, Petersfield, Hampshire GU31 - Image 3

Merryfield Road, Petersfield, Hampshire GU31

South East

£775,000
Listed on 10/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1511 sqft

Description

This detached four-bedroom residence is situated at the end of a desirable cul-de-sac in Petersfield, providing a rare opportunity for those looking to invest in a property with significant potential for enhancement and extension (subject to the usual planning permissions). Located conveniently close to Churcher's College and the bustling town centre, this home is ideally positioned for both everyday living and future growth. The property's impressive curb appeal is complemented by ample driveway parking and an integral garage, setting a practical foundation right from the start. Upon entering, you are greeted by a spacious hallway that leads to various well-designed living areas. The generous sitting room features oak flooring, a charming bay window, and a gas fireplace, evoking warmth and comfort—a perfect space for both relaxation and entertainment. The adjacent conservatory further extends the living area while bathing it in natural light. The separate dining room overlooks the rear garden, making it an inviting spot for family meals. The kitchen/breakfast room is functional yet offers scope for modernisation, with space allocated for appliances and adjoining utility facilities. On the first floor, you will find four sizeable bedrooms, each benefiting from good natural light. The master suite stands out due to its spaciousness and fitted wardrobes. Two bathrooms—one shower room and one family bathroom—serve the upper level effectively. The west-facing rear garden is an appealing feature of this home; it provides a peaceful outdoor retreat complete with established greenery and patio areas ideal for summertime gatherings. This property's overall condition invites new owners to tailor their desired upgrades or extensions according to personal style or needs. With no forward chain attached, this property not only represents a solid family home but also offers an excellent canvas for renovation enthusiasts eager to make their mark in one of Petersfield's most coveted locations.

Investment Analysis

(GU31 area)

Above Market Value

This property is priced +5.0% above area average per sq ft

+5.0%
This Property
£513/sq ft
Area Average
£489/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£812,268
10% above area average per sq ft
Potential ROI
-1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (GU31)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -10.2%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on GU31 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

Merryfield Road, Petersfield, Hampshire GU31
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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
£2,745
Based on a loan of £581,250 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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