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The Saltings, Langstone, Hampshire

South East

£485,000
Listed on 05/10/2024

Property Details

Bedrooms
3
Type
Terraced house
Area
958 sqft

Description

Nestled just 150 meters from the picturesque harbor, this property presents a unique opportunity for renovation and investment. The location boasts a scenic footpath along the waterfront, perfect for enjoying coastal views and leisurely walks. The interior of the home offers a blank canvas with stylish design elements and a neutral palette that fosters a serene living environment. The ground floor features practical wood flooring that enhances both style and durability. It includes a sitting room centered around a fireplace, providing both warmth and potential for personalization. Adjacent to this space is an open kitchen and dining area equipped with sleek dove-grey cabinetry, wooden work surfaces, and integrated appliances. A breakfast bar subtly separates these zones while offering additional functionality. Large glazed doors alongside floor-to-ceiling windows allow abundant natural light to pour in, seamlessly connecting the indoor space to the low-maintenance rear courtyard garden. Upstairs, you will find three bedrooms, including a principal room with a charming bay window offering partial harbor views. A contemporary family bathroom serves this level of the home. Notably, there is potential for expansion into the loft area with appropriate planning permissions, making this property an enticing project for those looking to increase its living space. The exterior features thoughtful landscaping with lawn areas and planted beds adorned with decorative stones and evergreen shrubs at the front of the house. The south-westerly facing rear garden includes a decked terrace—ideal for relaxation—and additional gravelled areas enhanced by raised timber-edged beds filled with colorful floral and perennial plantings. The property also benefits from a garage and an allocated parking bay. Located in the Langstone Village Conservation Area—designated as an Area of Outstanding Natural Beauty—this property is just moments away from local pubs like The Royal Oak and The Ship, which are easily accessible via the coastal footpath. Nearby amenities include Northney Marina and the Langstone Quays Health & Fitness Club within a mile's reach, while Hayling Island offers varied activities such as sailing, kite surfing, bird watching, and golf. Transportation links are convenient; Havant is close by for shopping needs and trains to London Waterloo (1hr 34 mins) or Victoria (1hr 55 mins), while access to road networks like the A27 provides connections to the M27 and M3 motorways. Families will appreciate well-regarded schools in proximity, including Portsmouth Grammar School, Kingscourt School, Ditcham Park School, Oakwood School, Churcher’s College, and Bedales School. This property not only offers immediate comfort but

Investment Analysis

(PO9 area)

Above Market Value

This property is priced +45.6% above area average per sq ft

+45.6%
This Property
£506/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£48,500 - £121,250
10-25% of property value
Target Value
£366,512
10% above area average per sq ft
Potential ROI
-39.5%
After renovation
Monthly Sales
31
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (PO9)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -1.2%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on PO9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

The Saltings, Langstone, Hampshire
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