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Park Close, Gosport

South East

£200,000Guide Price

Listed on 03/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
994 sqft

Description

This three-bedroom mid-terraced house offers a fantastic opportunity for first-time buyers or investors looking to make their mark. Located in a convenient area close to shops and schools, the property is being sold with no onward chain, allowing for a smooth transition. While it requires some updating, this is reflected in the asking price, making it an attractive proposition for those willing to invest in renovations. The home features a kitchen extension, a downstairs WC, and two reception rooms, providing ample living space. Additionally, there is a garage at the rear, though it does show some signs of roof damage. With its potential for improvement and ideal location, this property should not be missed. Viewing is highly recommended.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

68out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This three-bedroom mid-terraced house presents a compelling opportunity for first-time buyers or investors looking to add value. The asking price of £200,000 is notably cheap compared to the local average of £280/sqf, making this an attractive acquisition. Although the property shows signs of wear and will require significant updating throughout, this is reflected in the pricing, allowing for potential equity gain post-renovation.

The house features a kitchen extension and a downstairs WC, along with two reception rooms, offering a solid foundation for a cosmetic overhaul. The average condition of the bedrooms, garden, and exterior provides a reasonable canvas for improvements. Additionally, the absence of a chain facilitates a smoother transaction process. While there is some noted damage to the garage roof that may need addressing, the overall risk remains low, making this a project worth considering.

Key opportunities

  • Acquisition at a below-market price presents immediate equity potential.
  • Scope for a full cosmetic update throughout to enhance living spaces.
  • Opportunity to address garage roof damage and improve overall property condition.

Key risks

  • Garage roof damage may require timely attention.

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Map

Location

Park Close, Gosport
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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