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Atkins Place, Fareham

South East

£250,000
Listed on 11/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
944 sqft

Description

This three-bedroom mid-terraced house situated in a desirable area of Fareham presents a compelling opportunity for renovation and investment. The home is located within a community-centric neighbourhood, benefiting from proximity to local schools, amenities, and transport links to Fareham town centre. Spanning almost 1,000 sq ft, this property serves as a blank canvas for buyers keen to customize their living space according to personal taste or market demands. The ground floor features a spacious 23ft double reception room that offers flexibility in layout and use. Adjacent is the kitchen, along with a conservatory that adds utility and potential for modernization. While the upper level includes two well-sized double bedrooms with built-in storage options, a third bedroom suitable for children or as an office completes this floor alongside a family bathroom. Outside, there is potential for off-road parking at the front (subject to planning permission), while the rear garden is mature with both lawn and patio areas providing additional space for enhancement or landscaping. A private garage in a block offers convenient storage or parking solutions. The property does require some modernisation work throughout, including upgrading gas central heating (gas connection is already available). Given its strong demand characteristics within the region, this property is an excellent prospect for first-time buyers looking to invest in their future or landlords aiming to enhance their portfolio.

Investment Analysis

(PO15 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£265/sq ft
Area Average
£369/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£382,962
10% above area average per sq ft
Potential ROI
+34.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PO15)

Area prices are falling by -7.2% over the last 12 months
3 year growth: -10.5%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on PO15 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

Atkins Place, Fareham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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