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Cedar Crescent, Horndean, Waterlooville

South East

£325,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow is positioned in a desirable area, conveniently close to local amenities, transport links, and respected schools. The property presents an attractive opportunity for those looking to invest in a home that invites renovation, allowing new owners to tailor the space according to their preferences. The exterior features a driveway along with an integral garage, ensuring plenty of off-road parking. The rear garden is well-established and includes a patio area that leads onto a lawn adorned with mature shrubs and even a fruit tree, providing a serene environment ideal for outdoor activities or gardening enthusiasts. Inside, the layout encompasses a spacious front-facing lounge, which offers potential for modernization. The central dining room benefits from direct access to the garden, making it perfect for entertaining or family gatherings. Adjacent is the kitchen, equipped with wall and base units that could be reconfigured to enhance functionality. A hallway provides additional storage options and connects to a separate W/C. The accommodation consists of two generously sized double bedrooms and a more compact single bedroom, catering to diverse living situations—be it families or those looking to downsize. Although the interior requires updating throughout, this creates an excellent blank canvas for buyers interested in capitalizing on its full potential. It is important to note that the sale of this property is subject to obtaining probate approval, offering insight into its current status within an estate context. For those looking at investment opportunities or seeking to create their ideal living space through renovation, this bungalow holds significant promise in a location that continues to appeal due its amenities and community feel.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

Cedar Crescent, Horndean, 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
£1,191
Based on a loan of £243,750 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