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Greendale Close, Fareham, Hampshire, PO15

South East

£250,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
865 sqft

Description

This three-bedroom terraced house presents an excellent opportunity for renovation and investment, situated in a desirable area with no onward chain. While the property is in need of modernisation, it boasts a spacious lounge that welcomes you upon entry, complemented by a kitchen/dining room at the rear with sliding patio doors leading to a southerly-facing garden. Upstairs, you'll find three bedrooms along with a bathroom and separate WC, offering potential for reconfiguration or updating. The exterior features a pathway bordered by established shrubs, and the garage located in a nearby block adds convenience and value. It is important to note that the gas supply has been disconnected, indicating the necessity for comprehensive heating system upgrades. This property is ideal for those looking to invest in a home they can tailor to their preferences.

Investment Analysis

(PO15 area)

Below Market Value

This property is priced -22.1% below area average per sq ft

-22.1%
Potential saving
This Property
£289/sq ft
Area Average
£371/sq ft
Avg Rent (weekly)
£317
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£353,054
10% above area average per sq ft
Potential ROI
+21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PO15)

Area prices are falling by -6.6% over the last 12 months
3 year growth: -10.0%
5 year growth: +2.7%
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

Greendale Close, Fareham, Hampshire, PO15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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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