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School Lane, Sheet GU32

South East

£1,000,000

Listed on 31/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
2836 sqft

Description

This substantial property features a welcoming entrance hall leading to an expansive 31ft dual-aspect sitting room, complete with a fireplace and direct access to the garden, making it a perfect canvas for modernization. The formal dining area and adaptable family room or fifth bedroom, both enhanced by bay windows and fireplaces, provide generous living spaces that could benefit from contemporary updates. The kitchen/breakfast room is equipped with shaker-style cabinetry and an AGA, offering charming views over the rear garden—an ideal setting for reimagining your culinary space. Additionally, a practical ground-floor shower room rounds out this level. On the upper floor, the principal bedroom boasts an en suite bathroom and a spacious roof terrace, with three additional bedrooms and a family bathroom also present, along with a utility room that offers potential for conversion into a more functional layout. Set in over half an acre of private gardens approached via a secluded driveway, the property includes both a garage/workshop and an additional single garage. The gardens are primarily laid to lawn and provide ample opportunity for landscaping enhancements or outdoor structures. A summerhouse equipped with power and light presents flexibility for use as an office or leisure space, further augmenting this property's appeal. Situated in the desirable village of Sheet near Petersfield, this location offers excellent amenities including top schools such as Churcher’s College and Bedales. Transport links are convenient with the A3 providing quick connections to London and surrounding areas; Petersfield station allows for easy access to London Waterloo. The surrounding countryside promises wonderful options for walking, riding, and cycling.

Investment Analysis

(GU32 area)

Below Market Value

This property is priced -23.4% below area average per sq ft

-23.4%
Potential saving
This Property
£353/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£295
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,436,576
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
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GU32)

Area prices are rising by +10.9% over the last 12 months
3 year growth: +1.9%
5 year growth: +4.3%
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

School Lane, Sheet GU32
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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
£3,778
Based on a loan of £750,000 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

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