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The Crossway, Fareham, Hampshire, PO16

South East

£325,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Bungalow
Area
886 sqft

Description

This property presents a noteworthy opportunity for those looking to invest in the highly desirable area of Portchester. Set on a generous plot along the esteemed Crossway, this two to three-bedroom home is primed for both renovation and potential extension, pending relevant planning approvals. Neighbouring properties have successfully undertaken similar projects, indicating strong prospects for value enhancement.

The current layout comprises a sitting room, kitchen, bathroom, and dining room that overlooks the rear garden, alongside versatile bedroom options. Additionally, there is a converted loft space offering extra utility. While the home requires extensive refurbishment throughout, it provides an excellent canvas for buyers aiming to design a residence that suits their personal style and needs.

Outside, the property features off-road parking at the front, a shared driveway leading to a detached garage, and an ample rear garden with useful outbuildings that enhance storage and versatility.

This home represents an appealing project for developers or investors seeking significant returns in an attractive residential neighbourhood known for its family-friendly atmosphere. With close proximity to local amenities and transport links—including easy access to the M27 and Portchester railway station—this location combines convenience with a welcoming community vibe.

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Investment analysis

(PO16 area)

Above Market Value

This property is priced +5.6% above area average per sq ft

+5.6%
This Property
£367/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£338,674
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PO16)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -1.2%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on PO16 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

The Crossway, Fareham, Hampshire, PO16
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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
£1,228
Based on a loan of £243,750 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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