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Privett Road, Fareham, Hampshire, PO15

South East

£235,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
782 sqft

Description

This mid-terraced three-bedroom home presents a unique opportunity for renovation and investment, situated in a quiet, pedestrian-friendly area off Privett Road. The property features a traditional layout with an entrance hall leading to a cozy lounge at the front, while the rear holds a spacious kitchen/diner that can be reimagined to suit modern living needs. Upstairs, you'll find three bedrooms along with a shower room – spaces that could greatly benefit from contemporary updates. The property has been cherished by its current owners for 30 years, reflecting its potential as a welcoming family home or an investment opportunity for those looking to enhance its value through modernization. Outdoor space includes an enclosed front garden and a rear garden primarily laid to lawn, offering a blank canvas for landscaping or outdoor entertaining. Notably, there’s also decking adjacent to the house and essential storage provided by a brick-built shed. A pedestrian gate at the back grants convenient access, useful for bin collection or additional entry. While parking is not allocated, it is readily available on nearby streets, complementing the property's appeal in this tranquil neighborhood setting. With some thoughtful updates and renovations, this home could become an attractive residence or rental property in a sought-after location.

Investment Analysis

(PO15 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£301/sq ft
Area Average
£367/sq ft
Avg Rent (weekly)
£337
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£315,908
10% above area average per sq ft
Potential ROI
+14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PO15)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -7.0%
5 year growth: 11.6%
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

Privett Road, Fareham, Hampshire, PO15
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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
£861
Based on a loan of £176,250 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