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Vernon Close, Gosport, Hampshire PO12 - Image 1
Vernon Close, Gosport, Hampshire PO12 - Image 2
Vernon Close, Gosport, Hampshire PO12 - Image 3

Vernon Close, Gosport, Hampshire PO12

South East

£240,000

Listed on 17/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
890 sqft

Description

This three-bedroom terraced house in a sought-after location offers ample opportunity for those looking to renovate and enhance their investment. With no forward chain, the property is perfect for first-time buyers or investors interested in putting their own mark on a home. The ground floor features a spacious lounge and a separate dining room, providing a welcoming space for gatherings. At the back, the kitchen leads into a garden room that offers additional living space with views of the south-facing rear garden. Upstairs, you'll find three well-sized bedrooms filled with natural light, along with a family bathroom that presents further potential for modernization. The property’s layout allows for creative renovation ideas to transform it into a modern living space tailored to personal styles. Externally, the rear garden benefits from having access to a garage at the end of the plot—ideal for storage or as a workshop—and there is driveway parking available at the front. Located in a quiet cul-de-sac within Vernon Close, this area boasts easy access to local shops, excellent schools, and transport links, making it convenient for both families and commuters. With its generous living areas and significant scope for improvement, this property represents an exciting chance to add value and create a beautiful home in an inviting community.

Investment Analysis

(PO12 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£270/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£275,980
10% above area average per sq ft
Potential ROI
-1.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PO12)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -4.2%
5 year growth: +10.1%
Investment Disclaimer: Analysis based on PO12 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

Vernon Close, Gosport, Hampshire PO12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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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