For sale House

2

PULLEN HOUSE, 10, ST SEBASTIANS WAY, ALDERSHOT, WELLESLEY, HAMPSHIRE GU11 4FP

3 beds 1 baths 549 sq ft Listed 22 Apr 2026 (-49d)

£176,000

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# 3 bedroom house for sale (GU11 4FP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2, PULLEN HOUSE, 10, ST SEBASTIANS WAY, ALDERSHOT, WELLESLEY, HAMPSHIRE GU11 4FP |
| Price | £176,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | TBC |
| Floor area | 51 m² |
| Last sold | £213,500 Feb 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Current heating cost:** £261/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2587-3005-0307-2324-0204)

## Description

SHARED OWNERSHIP  -

A beautiful three bedroom shared ownership house situated on the Wellesley Development and situated close to Aldershot town centre and train station. The Basingstoke Canal is also a short distance walk.

On entering the property you will be greeted with a beautiful kitchen, living and dining room. To the first floor you will discover three bedrooms and a family bathroom.

A 40% share of this property is £176,000 with a full market value of £440,000.  The rent on the 60% share you don't own would be £605.00pcm.

Please note that the images used in this listing are for illustrative purposes only. They may be computer-generated images, stock photographs, or images of other plots within the same development. As such, they may not accurately reflect the specific property being marketed. Finishes, layouts, fixtures, fittings, and external appearances may vary. Interested parties are advised to contact the developer or agent for further details.

The property comes with an enclosed rear garden laid to patio and lawn.

Two parking spaces.

Lease Remaining 125 years

Estate Charge £310 per annum Reviewed TBC

EPC: TBC

Council Tax: TBC

Lease details, service charges, ground rent, maintenance charges (where applicable), and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.

## Property Photos

- ![Picture No. 13](/listings/photos/174762989/240523) - Picture No. 13
- ![Picture No. 03](/listings/photos/174762989/240524) - Picture No. 03
- ![Picture No. 04](/listings/photos/174762989/240525) - Picture No. 04
- ![Picture No. 05](/listings/photos/174762989/240526) - Picture No. 05
- ![Picture No. 06](/listings/photos/174762989/240527) - Picture No. 06
- ![Picture No. 07](/listings/photos/174762989/240528) - Picture No. 07
- ![Picture No. 08](/listings/photos/174762989/240529) - Picture No. 08
- ![Picture No. 09](/listings/photos/174762989/240530) - Picture No. 09
- ![Picture No. 10](/listings/photos/174762989/240531) - Picture No. 10

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PULLEN HOUSE, 10 2 ST SEBASTIANS WAY, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4FP | £213,500 | 23/02/2024 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| SMITH HOUSE 11 BURKE PLACE, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4BR | £275,000 | 20/03/2023 | Other |
| GRIEVE HOUSE, 1 FLAT 6 MONTGOMERY AVENUE, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4DH | £285,000 | 17/02/2023 | Other |
| 2 BARROSA ROAD, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4DQ | £477,262 | 20/06/2022 | Other |
| 3 ALBUHERA ROAD, WELLESLEY, ALDERSHOT, NEW FOREST, HAMPSHIRE, GU11 4DD | £461,496 | 22/09/2021 | Other |
| 9 MASTERSON CLOSE, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4EA | £1,151,008 | 21/06/2021 | Other |

**Area average:** £529,953 (5 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £249,992 (6 Other, GU11, 2024–2026)
- **Deviation:** -29.6%

## Rental Range

*ONS Price Index of Private Rents (South East). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,273/mo
- **Realistic:** £1,414/mo
- **Optimistic:** £1,555/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Blackwater Valley (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,291/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Baird Close, GU11 | £1,850/mo | 3 | 0.06 miles | OpenRent |
| 3 Bed Semi-Detached House, Crescent Drive, GU12 | £2,100/mo | 3 | 0.86 miles | OpenRent |
| 3 Bed Terraced House, Crescent Drive, GU12 | £3,500/mo | 3 | 0.86 miles | OpenRent |
| 3 Bed Terraced House, Windmill Road, GU12 | £1,800/mo | 3 | 0.93 miles | OpenRent |

**Average rent: £2,313/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 1.12% (strong)
- **Max investor price (0.8%):** £246,875
- **Target investor price (1%):** £197,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,975/mo).*

- **Gross yield:** 13.5%
- **Cost-to-rent:** 7.4×
- **Monthly cashflow:** £1,059/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 24.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £3,451/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 56.4%

## House Price Index (HM Land Registry)

*Official index for South East; All dwelling types series; as of March 2026.*

- **1y growth (index):** -0.8%
- **5y growth (index):** 10.5%
- **10y growth (index):** 25.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Floor area

51 m²

Council tax band

TBC

EPC rating

Last sold

£213,500 Feb 2024

Price per m²

£3,451/m²

Local average

£249,992 (-29.6%)

Street crime

167 incidents within 1 mile (Apr 2026)

Key features

Three Bedroom House
Shared Ownership
40% Share £176,000
Kitchen/Diner
Integrated Appliances
Cloakroom
Parking
EPC: TBC
Council Tax: TBC

Additional details

Parking: Yes
Garden: Yes

Description

SHARED OWNERSHIP -
A beautiful three bedroom shared ownership house situated on the Wellesley Development and situated close to Aldershot town centre and train station. The Basingstoke Canal is also a short distance walk.

On entering the property you will be greeted with a beautiful kitchen, living and dining room. To the first floor you will discover three bedrooms and a family bathroom.

A 40% share of this property is £176,000 with a full market value of £440,000. The rent on the 60% share you don't own would be £605.00pcm.

Please note that the images used in this listing are for illustrative purposes only. They may be computer-generated images, stock photographs, or images of other plots within the same development. As such, they may not accurately reflect the specific property being marketed. Finishes, layouts, fixtures, fittings, and external appearances may vary. Interested parties are advised to contact the developer or agent for further details.

The property comes with an enclosed rear garden laid to patio and lawn.

Two parking spaces.

Lease Remaining 125 years
Estate Charge £310 per annum Reviewed TBC
EPC: TBC
Council Tax: TBC

Lease details, service charges, ground rent, maintenance charges (where applicable), and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.

Listed by

Aldershot

Bridges Estate Agents

Reference: 174762989

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 28/03/2024

Current heating cost: £261/year

Potential heating cost: £261/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Listed for sale	—	£176,000	-17.6%
Sold	23/02/2024 (2 years ago)	£213,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
SMITH HOUSE 11 BURKE PLACE, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4BR	£275,000	20/03/2023	Other
GRIEVE HOUSE, 1 FLAT 6 MONTGOMERY AVENUE, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4DH	£285,000	17/02/2023	Other
2 BARROSA ROAD, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4DQ	£477,262	20/06/2022	Other
3 ALBUHERA ROAD, WELLESLEY, ALDERSHOT, NEW FOREST, HAMPSHIRE, GU11 4DD	£461,496	22/09/2021	Other
9 MASTERSON CLOSE, WELLESLEY, ALDERSHOT, RUSHMOOR, HAMPSHIRE, GU11 4EA	£1,151,008	21/06/2021	Other

Area average: £529,953 (5 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 56.4%

House Price Index (HM Land Registry — official index, not sold-price averages): South East. Series: All dwelling types. As of March 2026.

1y (index) -0.8%

5y (index) 10.5%

10y (index) 25.1%

Rental Range

Estimated market rent for South East. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,273/mo

Realistic £1,414/mo

Optimistic £1,555/mo

Based on Postcode area GU → South East.

LHA (30th percentile) floor for Blackwater Valley: £1,291/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View GU11 4FP

Address

Montgomery Avenue

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Steele's Road	0.1 miles
Hospital	Aldershot Centre for Health	0.2 miles
Shop	Garrison Garage	0.3 miles
Shop	Gorkha Picture Framing	0.4 miles
Train station	Aldershot	0.8 miles
Train station	North Camp	2.0 miles
Hospital	Farnham Community Hospital	2.7 miles
University	University for the Creative Arts, Farnham Campus	3.3 miles
University	University of Surrey - Manor Park Campus	6.9 miles

Street-level crime

Category	Count
Violence and sexual offences	69
Anti-social behaviour	24
Criminal damage and arson	21
Public order	13
Other theft	11
Drugs	7
Shoplifting	5
Burglary	4
Other crime	3
Robbery	3
Vehicle crime	3
Bicycle theft	2
Possession of weapons	1
Theft from the person	1
Total incidents	167

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
The Cambridge Primary School	Primary	0.2 miles	Good — 18 Oct 2022
Talavera Junior School	Primary	0.5 miles	Outstanding — 17 Dec 2018
Talavera Infant School	Primary	0.5 miles	Good — 11 Jan 2013
Wellington Community Primary School	Primary	0.7 miles	Outstanding — 19 Dec 2018
Rowhill School	Other	0.8 miles	Inadequate — 9 Jan 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Terraced House, Baird Close, GU11	£1,850/mo	3	0.06 miles	OpenRent
3 Bed Semi-Detached House, Crescent Drive, GU12	£2,100/mo	3	0.86 miles	OpenRent
3 Bed Terraced House, Crescent Drive, GU12	£3,500/mo	3	0.86 miles	OpenRent
3 Bed Terraced House, Windmill Road, GU12	£1,800/mo	3	0.93 miles	OpenRent

Average rent: £2,313/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.12%

Max investor price (0.8%) £246,875

Target investor price (1%) £197,500

Gross yield 13.5%

Cost-to-rent ratio 7.4×

Monthly cashflow £1,059/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 24.9%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).