Summary - Dragon Street, GU31 GU31 4JJ
3 bed 1 bath End of Terrace
Rare Grade II listed town-centre property with commercial flexibility and private courtyard garden.
Grade II listed historic building with strong period character
38 Dragon Street is a striking Grade II listed, end-of-terrace property in the heart of Petersfield, offering rich period character across three floors. Formerly a well-known teddy bear museum, the ground floor provides versatile Class E commercial space that can continue trading without change-of-use, or be converted to full residential use subject to listed building and planning consents.
Internally the house delivers generous, characterful rooms including a beautiful exposed inglenook-style fireplace, a dining room overlooking the courtyard garden, three principal bedrooms plus an attic room, and a cellar for storage. The courtyard garden is established and low-maintenance, with a separate external room suitable as a studio, home office or hobby space. Private off-street parking sits just beyond the garden gate.
This property suits buyers seeking a unique town-centre home with flexible commercial potential — or investors and developers prepared to manage a listed conversion. Important practical points: the building’s listed status will restrict alterations and will make conversion more complex and costly; there is currently only one bathroom; and any change to full residential use requires the appropriate consents. Viewings are recommended for those who value character, central location and creative potential.
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