Oval Gardens, Alverstoke, Gosport

This three-bedroom semi-detached house in the desirable Alverstoke area presents a fantastic opportunity for buyers looking to acquire a property at a cheap asking price of £250,000, which is significantly below the local average of £280/sqf. With a score of 62/100, this property offers considerable potential for modernization, allowing new owners to update the dated interiors and make it their own. The absence of a chain adds to its appeal, making it an attractive prospect for families and investors alike.

While the interiors are worn and require extensive updating, including the kitchen and bathroom, the solid exterior and good-sized enclosed garden provide a promising canvas for renovation. The property's layout, featuring separate living and dining areas along with a conservatory, allows for creative reconfiguration. The renovation range of £40,000 to £80,000 gives buyers a clear scope for investment, and with the asking price being 17.6% below the local average, there's room for value creation in this project.