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Priory Road, Fareham, Hampshire, PO15 - Image 1
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Priory Road, Fareham, Hampshire, PO15

South East

£230,000

Listed on 10/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
650 sqft

Description

Presenting a unique opportunity to realize your ideal living space, this two-bedroom detached bungalow is nestled in a desirable residential area predominantly featuring bungalow-style homes. This property is in need of complete modernization, providing a blank canvas for those looking to invest in a substantial renovation project. With the potential for both remodeling and expanding the existing footprint (subject to planning permissions), there are many possibilities for enhancing living spaces to suit contemporary needs. The sizeable garage complements off-road parking options available directly in front, while additional parking could also be accommodated with some creative landscaping. The attractive west-facing rear garden offers ample sunlight and a wonderful space for outdoor activities or gardening enthusiasts. Given its generous plot and prime location, this property represents an exciting prospect for developers, investors, or anyone seeking to craft a personalized home with significant value potential. Early viewings are advisable to fully grasp the wealth of opportunities this property presents.

Investment analysis

(PO15 area)

Below Market Value

This property is priced -4.6% below area average per sq ft

-4.6%
Potential saving
This Property
£354/sq ft
Area Average
£371/sq ft
Avg Rent (weekly)
£330
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£265,229
10% above area average per sq ft
Potential ROI
-14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO15)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -8.8%
5 year growth: +5.0%
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

Priory Road, Fareham, Hampshire, PO15
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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
£869
Based on a loan of £172,500 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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