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Oak Road, Fareham PO15

South East

£400,000

Listed on 20/06/2026

Property Details

Bedrooms
4
Type
Semi Detached Bungalow
Area
1266 sqft

Description

Nestled in a desirable part of Fareham, this semi-detached extended chalet bungalow presents a remarkable opportunity for renovation enthusiasts and investors. With a generous floor area of 1,266 square feet, this property features four spacious bedrooms, ideal for families or those needing additional room. The entryway leads to an expansive reception area that connects seamlessly to an open-plan kitchen and living space — a layout that can be tailored to modern tastes while enhancing its entertaining potential. The kitchen is equipped with integrated appliances, providing a functional base for culinary creativity; however, there are opportunities to update it according to personal style. The property includes two bathrooms, with one on the first floor requiring completion—this presents a chance to convert it into an attractive master suite or guest facility. Outside, the private garden offers scope for landscaping and outdoor entertainment. Convenient parking for two vehicles adds further value in this sought-after locale. Positioned close to local amenities and transport links, this bungalow holds significant potential for those looking to invest in a renovation project that could transform it into a comfortable family home or rental opportunity.

Investment Analysis

(PO15 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£316/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£331
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£515,749
10% above area average per sq ft
Potential ROI
+17.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PO15)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -8.4%
5 year growth: +4.6%
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

Oak Road, Fareham 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
£1,511
Based on a loan of £300,000 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.

Stamp Duty Calculator

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