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Elms Road, Fareham

South East

£250,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
789 sqft

Description

This three-bedroom semi-detached house, situated south of Fareham town centre, presents a valuable opportunity for renovation enthusiasts or investors. While the property requires comprehensive updating throughout, its solid structure and generous layout provide a strong foundation for transformation. The accommodation includes an entrance hall, spacious 22' lounge/diner with a conservatory, a kitchen, ground floor shower room, and three bedrooms on the first floor—one featuring an en-suite toilet. Electric heating and double-glazed windows enhance energy efficiency. Off-road parking is available on the driveway, and a sizable south-facing rear garden offers ample outdoor space to cultivate or expand upon. Given the ease of access to local amenities without the hindrance of a forward chain, this property warrants early inspection for those looking to unlock its full potential.

Investment Analysis

(PO16 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£317/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£302,073
10% above area average per sq ft
Potential ROI
+4.2%
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
51%
Properties sold annually

Local Market Trend (PO16)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +3.7%
5 year growth: +15.2%
Investment Disclaimer: Analysis based on PO16 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

Elms Road, Fareham
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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
£902
Based on a loan of £187,500 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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