2 Bed Terraced House, Single Let, SO20 8JJ, £375,000

Salisbury Lane, Over Wallop, Stockbridge, SO20 8JJ - 2 views - 6 months ago

BTL
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£330K - £475K
Sold Prices/m²£4K/m² - £9.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£354,708

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£152 - £2,000

Rent Estimate

£719

Running Costs/mo

£1,336

Cashflow/mo

£-617

Cashflow/yr

£-7,400

Gross Yield

2%

Local Sold Prices

6 sold prices from £330K to £475K, average is £406K. £4K/m² to £9.6K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£417K11/220.32 mi1, New Road, Middle Wallop, Stockbridge, Hampshire SO20 8JR2
£330K12/201.37 miFlint Cottage, Five Bells Lane, Nether Wallop, Stockbridge, Hampshire SO20 8EN2
£417K11/221.47 miWheelwrights Cottage, High Street, Nether Wallop, Stockbridge, Hampshire SO20 8EZ2
£362.5K06/211.56 miBluebell Cottage, The Square, Nether Wallop, Stockbridge, Hampshire SO20 8EX2
£395K01/221.6 miRiverview, Heathman Street, Nether Wallop, Stockbridge, Hampshire SO20 8EW2
£475K02/232.04 miThe Bungalow, Kentsboro, Middle Wallop, Stockbridge, Hampshire SO20 8EA2

Local Rents

8 rents from £152/mo to £2K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£1,60009/240.46 miPound Road, Over Wallop, Stockbridge, Hampshire, SO203
£2,00009/241.37 miFive Bells Lane, Nether Wallop4
£85009/241.62 miChurch Road, Nether Wallop, SO20 8ET1
£90009/241.62 miChurch Road, Nether Wallop, SO201
£95009/242.22 miStation Approach, Grateley SP112
£80009/242.35 miStockbridge Road, Lopcombe, Salisbury, SP51
£1,85009/242.39 miChapel Lane, Grateley3
£15212/242.43 miStockbridge, Hampshire, SO201

Local Area Statistics

Population in SO20

8,117

Nearest school

0.90 miles away

Nearest train station

2.21 miles away

 

 

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £375,000

November 8, 2024

Floor Plans

Description

  • No Onward Chain +
  • Sitting Room with Log Burner +
  • Kitchen/Breakfast Room +
  • Downstairs WC +
  • Two Double Bedrooms +
  • Family Bathroom +
  • Characterful cottage +
  • Garden +
  • Garage & Outbuilding +
  • Over 1200 sq ft +

A charming two bedroom mid-terraced cottage with parking nestled in the Test Valley countryside.

Location -

Hope Cottage, is situated in Over Wallop, which with the other two villages of Middle and Nether Wallop create The Wallops through which runs the Wallop Brook, a tributary of the River Test in the beautiful Test Valley. The villages have an active community with many clubs and societies. Over Wallop has a shop/post office and a public house. There is a shop/petrol station and public house in Middle Wallop and a primary school in Nether Wallop. Stockbridge is a 10minutes drive away and has a variety of independent shops, a Co-op/Post Office, doctors surgery, pubs, restaurants and a Primary and Secondary school.
The town of Andover and the Cathedral Cities of Winchester and Salisbury are all within easy reach and offer a comprehensive range of shopping, educational and recreational facilities. The nearby A30 links Salisbury to the West and Winchester to the East with easy access to the A334 and the M3. Andover, Grateley and Winchester all have main line railway stations with fast rail services to London Waterloo.

The Property -

Hope Cottage, positioned in a wonderful countryside setting, offers good-sized accommodation with a gloriously long garden, parking and a garage. To the front is an unusual and delightful south-facing courtyard which welcomes you into Hope Cottage. There is a useful porch before entering the property into the kitchen/breakfast room. The attractive kitchen has a good range of wall and base units, oak worktop and part terracotta tiled flooring. The kitchen/breakfast room leads into the welcoming sitting room which benefits from a log burner, under stairs storage and door to conservatory with views and doors to the garden. On the first floor are two good sized double bedrooms and a family bathroom.

Outside -

At the front of the property in the courtyard is a very useful outbuilding which benefits from power. Accessed from the conservatory is the charming garden. A paved patio area provides a perfect place for al-fresco dining. Much of the garden is laid to lawn with a hedged boundary to one side and borders on the other. Halfway down the garden is a shed. To the side of the property is a single garage and parking.

Accommodation -

Ground Floor - Porch, Kitchen/Breakfast Room, Sitting Room, Conservatory, WC.

First Floor - Two Double Bedrooms, Family Bathroom.

Outside - Courtyard, Garden, Garage, Outbuilding, Shed, Parking.

Agent Details

Myddelton & Major, Stockbridge

01264 312502

Next Steps?

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