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Newgate Lane, Fareham

South East

£350,000
Listed on 21/11/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
404 sqft

Description

This early 1900s semi-detached cottage presents a unique opportunity for renovation, combining charm with substantial potential for investment. Nestled on a quiet cul-de-sac off Newgate Lane, once a bustling route from Fareham to Lee-On-The-Solent, the property offers both seclusion and convenient access to amenities and transport links. Upon entering, you are greeted by a spacious hallway leading to the first floor. A family bathroom is conveniently located nearby, alongside practical under-stair storage. To the left, the inviting living/dining area boasts original features that lend warmth and character. A large bay window allows ample natural light to illuminate this welcoming space, while a feature fireplace serves as an attractive centerpiece. The kitchen/breakfast room at the rear has great potential to become the heart of the home, complete with expansive views of the sizeable garden through its large window. The doors from here open onto the garden, enhancing indoor-outdoor connectivity. Adjacent to the kitchen is a flexible ground-floor room equipped with an adjoining wet room; this space can be tailored as needed—a guest suite, home office, or multi-generational living area. On the upper floor, you will find three generous double bedrooms along with a single bedroom or study, offering versatile options for living and working spaces. There's also room to install an additional bathroom upstairs for added convenience. The remarkable rear garden extends just under 120 feet and provides a serene retreat with lovely views over surrounding horse paddocks and trees. Meanwhile, the brick-paved driveway at the front ensures ample off-road parking while enhancing the home's entrance. With no forward chain in place, this semi-detached cottage showcases timeless appeal set against picturesque surroundings while providing endless possibilities for its next owners to craft their ideal living space.

Investment Analysis

(PO14 area)

Above Market Value

This property is priced +131.0% above area average per sq ft

+131.0%
This Property
£866/sq ft
Area Average
£375/sq ft
Avg Rent (weekly)
£306
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£166,694
10% above area average per sq ft
Potential ROI
-59.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PO14)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -2.5%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on PO14 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

Newgate Lane, Fareham
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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
£1,282
Based on a loan of £262,500 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