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South Drive, Felpham, PO22

South East

£415,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1172 sqft

Description

Nestled in a desirable residential neighborhood, this three-bedroom detached home presents an intriguing opportunity for those seeking to invest in a property with renovation potential. Situated within close proximity to local schools and various community amenities, the location is ideal for families looking to establish roots in a vibrant area. The home is primed for modernization, allowing new owners to personalize the living spaces according to their tastes and preferences. With the right vision, there’s significant potential to enhance the existing layout or even consider extending the structure, subject to obtaining necessary planning permission. Internally, the home features a functional floor plan that includes a comfortable sitting room, a separate dining room, and a conservatory that invites natural light. The kitchen offers ample space but could benefit from updates to maximize efficiency and style. Upstairs, three well-sized bedrooms provide flexibility for family living or guest accommodations, along with a family bathroom ready for reimagining. Outdoor space is another highlight of this property; accessed via a private gated driveway, it leads to a detached garage and reveals a substantial west-facing garden. This outdoor area boasts a generous lawn and an inviting paved patio—perfect for entertaining or relaxing—while mature landscaping enhances privacy. With its favorable location and strong investment potential through thoughtful renovations, this property holds promise for both immediate enjoyment and long-term value growth.

Investment Analysis

(PO22 area)

Below Market Value

This property is priced -2.9% below area average per sq ft

-2.9%
Potential saving
This Property
£354/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£470,171
10% above area average per sq ft
Potential ROI
+1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PO22)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -2.2%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on PO22 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

South Drive, Felpham, PO22
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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
£1,520
Based on a loan of £311,250 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