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Cheyne Way, Lee-on-the-Solent

South East

£350,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Situated on a generous corner lot in the desirable area of Lee-on-the-Solent, this family home strikes a balance between spacious living and natural light, while also presenting significant renovation potential. The home's layout begins with an inviting hallway that leads to a dual-aspect lounge, designed for both comfort and entertaining. The kitchen, equipped with ample storage and counter space, connects seamlessly to a conservatory that offers flexible usage as an additional living or dining space with views of the garden. A conveniently placed ground-floor bathroom completes the lower level. Upstairs, you will find three well-sized bedrooms, each offering versatility for families or home office needs, along with a modern shower room and practical storage options on the landing. The outdoor space is equally impressive, featuring a south-facing rear garden perfect for sunbathing or alfresco dining. A gate provides direct access to a garage and parking area for added convenience. The front garden also holds potential for converting into extra off-road parking (subject to local regulations). The generous corner plot presents excellent opportunities for extension or enhancement (STPP). This property represents a solid investment opportunity in a prime location, making it essential to view in order to appreciate its full potential.

Investment Analysis

(PO13 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.0%

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
31
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (PO13)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -0.6%
5 year growth: +10.8%
Investment Disclaimer: Analysis based on PO13 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

Cheyne Way, Lee-on-the-Solent
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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
£1,262
Based on a loan of £262,500 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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