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Billett Avenue, Waterlooville

South East

£400,000
Listed on 18/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a remarkable opportunity for self-builders and small developers alike, particularly as it re-enters the market after previous development efforts. Originally granted planning permission in 2021 for four distinct detached houses, three of the plots have been successfully constructed and are now occupied. Plot one, the largest of the original four, offers detailed planning permission for a spacious family home measuring approximately 236 sq.m (2540 sq.ft) designed with an appealing 'New England' aesthetic. It features four generously proportioned bedrooms, including a master suite with a dressing room, en-suite bathroom, and private balcony, alongside an equally spacious guest bedroom. The proposed ground floor layout includes a well-appointed kitchen/breakfast room with bi-fold doors, living room, dining area, study, utility space, and a cloakroom. Though the external design is fixed, there's ample opportunity to customize the internal layout to better fit personal preferences or market demands—making this project highly versatile. Located on Billett Avenue—a prestigious road characterized by unique family homes—this is arguably the final chance to develop in this sought-after area where infrastructure is already in place with serviced plots and an established private road.

Investment Analysis

(PO7 area)
Area Average
£358/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PO7)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 1.3%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on PO7 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

Billett Avenue, Waterlooville
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE