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Pipit Close, Hardway, Gosport, Hampshire, PO12

South East

£130,000
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
809 sqft

Description

This generously sized two-bedroom apartment in Pipit Close is available without any forward chain. While it is currently in good condition, this property holds significant potential for renovation, making it a perfect choice for first-time buyers, investors, or those looking to downsize. The layout features two spacious double bedrooms that allow for ample furnishing and storage options. The lounge offers a comfortable space for leisure activities, while the separate dining room enhances versatility—ideal for hosting guests or creating an office setup. The kitchen is functional but could benefit from modernization to reflect contemporary tastes. Likewise, the family bathroom, although perfectly serviceable, presents an opportunity for enhancement to elevate the aesthetic and usability of the home. Externally, allocated parking provides convenience for residents, complemented by additional outside storage suitable for bikes or other belongings. With a few cosmetic updates, this apartment could transform into a stylish and inviting residence. Situated conveniently close to local amenities and transport links, Pipit Close remains a sought-after residential area. This property truly represents a promising opportunity to inject personal style and value into a well-located home.

Investment Analysis

(PO12 area)

Below Market Value

This property is priced -43.2% below area average per sq ft

-43.2%
Potential saving
This Property
£161/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£258
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£251,931
10% above area average per sq ft
Potential ROI
+68.0%
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

Pipit Close, Hardway, 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
£460
Based on a loan of £97,500 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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