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Verbena Crescent, Waterlooville, PO8 9DD

South East

£350,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow, situated in the sought-after Hazleton development, presents a promising opportunity for renovation and investment. With no forward chain, potential buyers can explore options to modernize or redesign the space to meet contemporary living standards. The property features a practical layout, including a spacious lounge with dual aspect double-glazed windows that allow for ample natural light. A traditional fireplace, currently decommissioned but retaining its charm, could easily become a focal point with some refurbishment. The separate dining area offers versatility for family gatherings or an inviting space for entertaining guests. In the kitchen, existing wall and base units provide a foundation for updates and personalization. It includes essential appliances and access to the side garden through a double-glazed door, enhancing connectivity to outdoor spaces. The additional utility areas create opportunities for reconfiguration—ideal for those looking to invest in a more open-plan design. Each of the three bedrooms—two generously sized with built-in storage options—offers flexibility depending on your needs. The smaller third bedroom could serve as a guest room or home office. The shower room’s walk-in configuration is functional but could benefit from modernization to enhance comfort and style. Outside, the property boasts an extensive driveway providing off-road parking that leads to a garage at the rear. Gated access on both sides opens into a sizable backyard featuring a patio area ideal for al fresco dining and relaxation. There is also additional hard-standing space behind the garage that could be transformed into a greenhouse or workshop. Surrounded by neatly tended borders and panel fencing, this garden space provides potential for landscaping projects or vegetable gardening. Located within close proximity to local amenities and transport links, this bungalow not only stands as an ideal residential option but also represents significant investment potential in an appealing neighborhood. Whether you're looking to make it your own or capitalize on its rental possibilities after renovations, this property offers diverse opportunities for future owners.

Investment Analysis

(PO8 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£302
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PO8)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 3.0%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on PO8 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

Verbena Crescent, Waterlooville, PO8 9DD
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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
£1,282
Based on a loan of £262,500 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