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Farrs Avenue, Andover

South West

£475,000

Listed on 31/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
874 sqft

Description

This three-bedroom detached bungalow offers a promising investment opportunity, set on an expansive plot that includes substantial outbuildings and workshop space. With no chain involved, this property is ideal for those looking to embark on a renovation project or seeking single-storey living that can be tailored to their needs. Inside, you will find a welcoming entrance hall leading to a bright and airy sitting room with a bay window, alongside a separate dining area perfect for gatherings. The kitchen boasts direct access to the sizable rear garden, which presents an inviting canvas for outdoor enhancements such as entertaining spaces or landscaping. The versatile accommodation features three bedrooms, including one that can easily serve as a home office or guest room. A family bathroom and separate cloakroom complete the layout. The impressive garden not only provides privacy but also ample space for gardening enthusiasts or families seeking room to play. The existing outbuildings are well-suited for hobbyists or could accommodate storage needs for various activities. Additionally, the potential for further development or extension (subject to planning permission) makes this property particularly appealing for future growth. Located near Andover's amenities, including leisure facilities and transport links to London, this bungalow represents an exceptional chance to create a personalized home in a desirable location.

Investment Analysis

(SP10 area)

Above Market Value

This property is priced +65.6% above area average per sq ft

+65.6%
This Property
£543/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£315,580
10% above area average per sq ft
Potential ROI
-41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (SP10)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -1.8%
5 year growth: +5.3%
Investment Disclaimer: Analysis based on SP10 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

Farrs Avenue, Andover
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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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