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Merchistoun Road, WATERLOOVILLE

South East

£196,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This end-of-terrace house presents a valuable opportunity for renovation and investment in a desirable location. Comprising two floors, the property features three bedrooms and a practical layout with a reception room, kitchen, and shower room/WC on the ground floor. The first floor consists of three bedrooms along with a separate WC. Set on Merchistoun Road, just moments from Rowlands Castle Railway Station and a range of local bus services, it offers convenient access to transport links. Nearby amenities include various shops and recreational areas such as Lyne Place Park and Five Heads Recreation Ground. The front and rear gardens offer potential for landscaping or outdoor projects. Currently requiring updating and modernisation, this property has the potential to be transformed into an appealing family home or rental investment. Please note that all services are currently disconnected, so new connections will need to be arranged post-purchase.

Investment Analysis

(PO8 area)
Area Average
£354/sq ft
Avg Rent (weekly)
£317
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PO8)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -0.1%
5 year growth: +11.2%
Investment Disclaimer: Analysis based on PO8 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

Merchistoun Road, WATERLOOVILLE
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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
£699
Based on a loan of £147,000 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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