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Southmead Road, Fareham, Hampshire PO15 - Image 1
Southmead Road, Fareham, Hampshire PO15 - Image 2
Southmead Road, Fareham, Hampshire PO15 - Image 3

Southmead Road, Fareham, Hampshire PO15

South East

£270,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
674 sqft

Description

This semi-detached bungalow presents a promising opportunity for those looking to invest in a property that requires comprehensive modernization. Situated on a generous plot in a popular area, it features two bedrooms at the front and a spacious lounge at the back, which opens out to the rear garden. The adjoining kitchen leads into a lean-to conservatory, enhancing the potential for an open-plan living space. A wet room is also included, providing functional convenience. The property is accompanied by off-road parking and an inviting front garden filled with mature plants, while side access opens up to a sizable rear garden with established greenery—ideal for further development or landscaping. With no onward chain, this home is ripe for transformation into a modern dwelling with significant value appreciation potential.

Investment Analysis

(PO15 area)

Above Market Value

This property is priced +9.0% above area average per sq ft

+9.0%
This Property
£401/sq ft
Area Average
£368/sq ft
Avg Rent (weekly)
£340
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£272,465
10% above area average per sq ft
Potential ROI
-21.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PO15)

Area prices are falling by +5.7% over the last 12 months
3 year growth: -8.6%
5 year growth: 8.8%
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

Southmead Road, Fareham, Hampshire PO15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,500 over 30 years at 4.19% 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.

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