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Bourne Close, Fishbourne

South East

£395,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1151 sqft

Description

This detached bungalow, built in the 1960s, is situated on a generous plot within a quiet cul-de-sac of similar homes in the desirable village of Fishbourne. Located just two miles from the city center, residents can enjoy a peaceful village atmosphere while benefiting from nearby conveniences. The property overlooks the railway halt at the rear, providing a unique backdrop to the garden. With three bedrooms—two spacious doubles and a single—this home has ample living space that could be transformed with thoughtful renovations. The layout includes an entrance lobby leading into an inner hallway, with a front-facing sitting room that offers potential for modern updates or reconfiguration. The bathroom has been partially adapted into a wet room with a disability shower, indicating some previous investment in accessibility features. The kitchen presents an opportunity for revitalization; while currently dated, it is equipped with a modern gas-fired boiler that services the central heating and hot water systems. Adjacent to the kitchen is a sizable sunroom/utility area, which adds valuable extra space and connects to an enclosed sideway between the home and garage. Though fitted with UPVC double-glazed windows, they may soon require replacement, allowing for further improvement opportunities. Additionally, some rewiring might be necessary, making this property appealing to those looking to invest in updates that can significantly enhance its value. Outside, off-road parking is available at the front along with a garden framed by low walling. This property not only offers immediate comfort but also presents significant potential for expansion and modernization, subject to obtaining appropriate planning permissions and building consents.

Investment Analysis

(PO19 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£343/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£372
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£524,609
10% above area average per sq ft
Potential ROI
+20.6%
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
13%
Properties sold annually

Local Market Trend (PO19)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -5.7%
5 year growth: 9.0%
Investment Disclaimer: Analysis based on PO19 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

Bourne Close, Fishbourne
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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
£1,447
Based on a loan of £296,250 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