Cherry Tree Avenue, Waterlooville PO8
South East
£230,000
Listed on 30/09/2026
Listed on 30/09/2026
The listing
Property details
Bedrooms
2Type
Semi Detached BungalowArea
606 sqftFeatures
- Garden
- Parking
Description
This two-bedroom bungalow in Waterlooville has a lounge, kitchen and bathroom, with off-road parking for two vehicles. The property is offered with no forward chain and is described as requiring refurbishment, providing scope for a buyer to update the existing accommodation.
The sellers note that the external photographs are around two years old and that the garden and surrounding areas have since become more overgrown. They intend to clear and manage these areas. The listing also identifies potential to extend upwards or outwards, subject to planning permission and other necessary consents. The stated room measurements are 4.07m x 3.40m for bedroom one, 2.97m x 2.74m for bedroom two, 5.61m x 3.37m for the lounge, 1.98m x 1.71m for the bathroom and 3.18m x 2.83m for the kitchen.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: MEDIUM
This two-bedroom bungalow offers a manageable canvas for a light refresh: dated finishes and flooring can be updated, while the overgrown garden could be cleared and made more usable. The listing also mentions potential to extend upwards or outwards, subject to planning permission, though feasibility is not established. The exterior photos are around two years old, and the sellers say they are clearing and managing the overgrowth.
The asking price is £380 per sq ft, around 7.7% above the local average of £352, so price is a constraint rather than a value advantage. With the renovation midpoint included, all-in costs look tight against local benchmarks; the project has scope to personalise, but the numbers do not currently point to a strong margin.
Key opportunities
- Refresh the dated decorative finishes and patterned flooring to give the lounge and bedrooms a more current feel.
- Clear and improve the garden to make the outdoor space more usable; the sellers say they are addressing the overgrowth.
- Explore the stated potential to extend upwards or outwards, subject to planning permission and feasibility.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£869
Based on a loan of £172,500 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.
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