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Elm Grove, Hayling Island, Hampshire, PO11 - Image 1
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Elm Grove, Hayling Island, Hampshire, PO11

South East

£290,000
Listed on 24/01/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
2189 sqft

Description

This is an exceptional opportunity to acquire a detached freehold commercial property situated in the heart of Mengham village, presenting notable development possibilities, contingent on obtaining the necessary planning permissions. The property enjoys prominent visibility and consistent foot traffic, complemented by its proximity to essential local amenities such as healthcare services, retail establishments, educational institutions, and vital transport links. Additionally, being near the seafront enhances its attractiveness for a variety of commercial applications. Spanning over 2,000 sq ft of internal space, this building boasts a versatile layout that is ideal for redevelopment or conversion into different business ventures. It serves as a compelling investment for those looking to capitalize on a well-positioned asset with significant future potential. An on-site visit is highly recommended to fully grasp the scale and adaptability this property has to offer.

Investment Analysis

(PO11 area)

Below Market Value

This property is priced -64.0% below area average per sq ft

-64.0%
Potential saving
This Property
£132/sq ft
Area Average
£368/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£886,228
10% above area average per sq ft
Potential ROI
+127.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO11)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -3.0%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on PO11 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

Elm Grove, Hayling Island, Hampshire, PO11
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,500 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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