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Crofton Lane, Fareham, PO14 - Image 1
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Crofton Lane, Fareham, PO14

South East

£175,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This is a promising opportunity to acquire a plot of land situated next to The Crofton in Fareham, complete with full planning permission for the development of a three-bedroom detached home, measuring around 98 sq m (1,054 sq ft). The approved design outlines a well-thought-out layout featuring a front-facing living room and an open-plan kitchen/dining area on the ground floor, along with a cloakroom/WC. On the first floor, you will find three bedrooms, including a principal suite with an en-suite bathroom, plus an additional family bathroom. Outside, the proposed property includes plans for a landscaped rear garden and designated parking. Potential buyers should be aware that the purchase is subject to VAT and involves additional costs such as a Community Infrastructure Levy (CIL) payment of £19,612 and a Nitrates Mitigation fee of £1,875. There are also certain scheduled works that the new owner will need to manage; more details can be provided upon request. This is an excellent chance for developers or self-build enthusiasts looking to take advantage of this well-positioned plot in a sought-after area of Fareham with planning consent already in place.

Investment Analysis

(PO14 area)
Area Average
£372/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (PO14)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -3.1%
5 year growth: +10.6%
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

Crofton Lane, Fareham, PO14
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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
£631
Based on a loan of £131,250 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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