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Cherry Tree Avenue, Waterlooville, Hampshire

South East

£335,000
Listed on 26/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
835 sqft

Description

Situated in the desirable Cowplain Village, this detached bungalow offers a promising opportunity for renovation and investment. Set on a spacious corner plot, the property combines privacy with potential for expansion—subject to obtaining the necessary permissions. The surrounding area is known for its peaceful green spaces, including nearby Queens Enclosure Woods, making it an ideal location for outdoor enthusiasts who appreciate walking trails and access to parks. Inside, the bungalow presents a blank canvas that invites modernization. Currently, the layout features a generous reception room that serves as a comfortable gathering space, along with a separate kitchen. The two well-sized bedrooms and two bathrooms offer adaptable living arrangements that cater to families, couples, or guests. This flexible design allows for easy customization to suit personal styles and needs. Externally, the property boasts an expansive garden that wraps around it, providing ample room for landscaping projects or horticultural endeavors. A single garage and off-street parking add practical value for homeowners and their visitors. The advantageous corner location enhances not only the property's curb appeal but also its sense of seclusion while opening up possibilities for further development. The location benefits from robust public transport links and a variety of local amenities within close reach. Residents can enjoy the charm of village life without sacrificing convenience; shops, services, and leisure facilities are all easily accessible. This two-bedroom bungalow represents an excellent project opportunity in a tranquil setting. With its generous outdoor space and potential for modern improvements, it stands ready to be transformed into a contemporary home that reflects individual preferences. Early viewing is encouraged to fully explore the possibilities this property offers.

Investment Analysis

(PO8 area)

Above Market Value

This property is priced +15.0% above area average per sq ft

+15.0%
This Property
£401/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£302
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£320,557
10% above area average per sq ft
Potential ROI
-14.5%
After renovation
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

Cherry Tree Avenue, Waterlooville, Hampshire
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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
£1,227
Based on a loan of £251,250 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