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Shannon Close, Fareham, Hampshire

South East

£230,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house, offered for sale with no onward chain, presents an attractive renovation opportunity. Conveniently located near excellent public transport routes and local amenities, it is ideal for first-time buyers and investors looking to add value through refurbishment. The property features a spacious reception room that benefits from elegant wood flooring and direct access to the rear garden, perfect for both relaxation and entertaining. The kitchen is well-lit and offers wood countertops along with sufficient dining space, creating a welcoming environment for family gatherings. Upstairs, there are two sizeable double bedrooms—one with built-in wardrobes—and a good-sized single bedroom that could serve as an office or child’s room. The bathroom includes built-in storage and a separate shower, providing necessary functionality while offering potential for modern updates. The private garden is an added bonus, allowing for outdoor enjoyment or future landscaping possibilities. With an EPC rating of C and in council tax band B, this property stands out as both a promising renovation project and an affordable option within its desirable location. This home invites you to tailor it to your tastes while enjoying proximity to essential conveniences and green spaces—a project worth considering for those eager to invest in their future.

Investment Analysis

(PO15 area)
Area Average
£365/sq ft
Avg Rent (weekly)
£320
Avg Yield
4.6%

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
24
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PO15)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -9.1%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on PO15 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

Shannon Close, Fareham, Hampshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 over 30 years at 4.06% 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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