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Vernon Close, Gosport, Hampshire, PO12 - Image 1
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Vernon Close, Gosport, Hampshire, PO12

South East

£275,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
890 sqft

Description

This three-bedroom terraced house in a desirable cul-de-sac location presents a unique opportunity for investors or homebuyers seeking a project. The property features a spacious lounge and separate dining room, providing an inviting layout for modern living. At the rear, the kitchen connects to a versatile garden room that overlooks the south-facing rear garden, allowing plenty of natural light throughout the day. Upstairs, you will find three well-sized bedrooms that promise ample space and comfort, along with a family bathroom awaiting your updates. The property is offered without a forward chain, facilitating a quicker move-in process for those looking to embark on a renovation journey. With its good proportions and practical design, this residence is primed for transformation into a tailored home that meets individual tastes. The outside space includes driveway parking and a garage at the end of the garden—potentially useful as additional storage or work area. Located in Vernon Close, this home benefits from convenient access to local shops, schools, and public transport options, including ferry services to Portsmouth. This community-oriented area offers both tranquility and easy access to urban amenities. With significant potential for improvement and value addition through thoughtful renovations, this property is well-positioned for investment.

Investment Analysis

(PO12 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£309/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£258
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£277,155
10% above area average per sq ft
Potential ROI
-10.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO12)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -4.6%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on PO12 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

Vernon Close, Gosport, Hampshire, PO12
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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
£974
Based on a loan of £206,250 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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