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Madden Close, Gosport

South East

£315,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached bungalow features three bedrooms and presents a significant opportunity for renovation and investment. While the property is in need of updating, it already benefits from PVCu double glazing and gas central heating, essentials that can provide a solid foundation for future enhancements. Upon entering, you are greeted by a porch leading into an entrance hall, which provides access to the loft space. The lounge measures approximately 17'2" x 10'11" and includes a tiled fireplace with a gas fire, along with aluminum double-glazed patio doors that open into a sunroom. This sunroom adds valuable light and additional living space, enhancing the bungalow's potential. The kitchen offers essential features such as a single-drainer stainless steel sink unit, plumbing for a washing machine, and ample room for upgrading appliances or reconfiguration. It also houses the wall-mounted Vaillant gas central heating boiler. The three bedrooms vary in size but each has been fitted with PVCu double glazed windows offering light-filled spaces ready for personalization. The bathroom includes basic amenities such as a panelled bath, pedestal hand basin, and low-level W.C., all of which could benefit from modernization. Externally, the property boasts a spacious driveway leading to a detached garage, ensuring ample off-street parking. The front garden is landscaped with lawn and flower borders, while the rear garden offers additional outdoor space that could easily be transformed into a private retreat or entertaining area. Situated in a location convenient to local amenities and transport links, this bungalow not only holds potential as a family home but also represents an attractive investment opportunity for those looking to capitalize on property value growth through renovations. With no forward chain attached to the sale, this property is poised for immediate consideration by buyers eager to realize its full capacity.

Investment Analysis

(PO12 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PO12)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -0.6%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on PO12 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

Madden Close, Gosport
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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
£1,154
Based on a loan of £236,250 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