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Pitmore Road, Eastleigh, Hampshire, SO50 - Image 1
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Pitmore Road, Eastleigh, Hampshire, SO50

South East

£500,000
Listed on 29/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
992 sqft

Description

This detached bungalow is nestled within a generous plot, presenting a compelling opportunity for buyers interested in renovation and investment. The interior features well-proportioned rooms that allow for flexible living arrangements, making it an ideal canvas to craft a personalized home. Comprising two spacious double bedrooms, both filled with natural light, the property also includes a bright sitting room complete with a bay window that enhances its charm. A separate dining room and a fitted kitchen with ample storage make for functional spaces, while the family bathroom adds convenience. Additionally, the practical conservatory offers lovely views of the garden, providing an inviting space to relax or entertain. Outside, the property boasts substantial parking options with a driveway and rear vehicular access. The expansive rear garden is a notable highlight, primarily laid to lawn and featuring mature plants, a greenhouse, and two outbuildings that could serve various purposes—be it outdoor activities or additional landscaping potential. Located in the desirable residential area of Allbrook, just outside Eastleigh, this bungalow enjoys a tranquil setting combined with easy access to local amenities and transport links. With proximity to major routes like the M3 and M27 as well as mainline stations at Eastleigh, Shawford, and Winchester, commuting is straightforward. Moreover, families will appreciate the strong local school catchment. The vibrant city of Winchester is also just a short drive away, offering numerous attractions and amenities. With its generous exterior space and potential for modernization, this property is perfectly positioned for those looking to invest in a home that they can truly make their own.

Investment Analysis

(SO50 area)

Above Market Value

This property is priced +43.4% above area average per sq ft

+43.4%
This Property
£504/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£383,502
10% above area average per sq ft
Potential ROI
-29.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SO50)

Area prices are falling by +3.5% over the last 12 months
3 year growth: -4.2%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on SO50 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

Pitmore Road, Eastleigh, Hampshire, SO50
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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
£1,832
Based on a loan of £375,000 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