Park Lane, Fareham, Hampshire, PO16
CH

Park Lane, Fareham, Hampshire, PO16

By Chapplins Estate Agents

£ 600,000

Reviews

3 out of 5 stars

Chapplins Estate Agents says ..

A rare opportunity to purchase this impressive 3 bedroom 1930's detached family home located on the ever prestigious Park Lane. The property would benefit from some cosmetic modernisation but is offered with no forward chain and offers fantastic potential to extend and develop subject to planning.

Property Oracle says ..

Park Lane is located in Fareham East, a desirable area in Fareham, Hampshire. The property benefits from being close to several highly-rated primary schools such as Harrison Primary School and Redlands Primary School, both rated as ‘Outstanding’ by Ofsted. The proximity to Fareham train station (1.10 KM) provides convenient access to commuting routes. The surrounding area appears to be predominantly residential, with a mix of detached properties. While specific amenities like shops and places of significance are not detailed, the location within Fareham suggests easy access to local services.

Based on the provided photographs, the property appears to be in generally good condition, although some interior areas show their age and could benefit from modernisation. The kitchen and bathrooms in particular appear dated. The overall structure of the house seems sound, and the exterior is well-maintained. However, the interior decor and fixtures are somewhat outdated, suggesting a potential need for some updating or refurbishment to enhance the property’s overall appeal.

The property includes a substantial garden, offering ample outdoor space. The garden appears well-maintained and of a good size, which is a desirable feature in this area.

The list price of £600,000 is significantly higher than the average house price in the area (£332,023). However, considering the larger plot size (1,441.29 SQFT) compared to the average (not provided), and the location on Park Lane, which seems to be a more affluent area judging by nearby property prices (several exceeding £500,000), the price may be more justifiable. The lack of square footage information for nearby properties makes a precise price per square foot comparison difficult, hindering a definitive assessment of the list price’s reasonableness. Further investigation into comparable properties on Park Lane would be beneficial to fully evaluate the list price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
8
Land
8
Bedrooms
3
Bathrooms
1
Sqft (est)
1,273.37
Lot (est)
1,441.29

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
381,429.00 £
Increased by 14.83 %
from 332,181.00 £
Est sale value
566,649.65 £
Increased by 39.06 %
from 407,478.40 £
Average area rental value
1,375.00 £/mo
Increased by 14.30 %
from 1,203.00 £/mo
Est letting value
1,273.37 £/mo
Unchanged by 0.00 %
from 1,273.37 £/mo
Est rental Yield
4.33 %
Decreased by 0.46 %
from 4.35 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Chapplins Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Harrison Primary SchoolCommunity SchoolOutstanding0.48 KM
Uplands Primary SchoolCommunity SchoolGood0.72 KM
Kingsgate SchoolOther Independent Special SchoolGood0.90 KM
Boundary Oak SchoolOther Independent School1.54 KM
Redlands Primary SchoolCommunity SchoolOutstanding1.55 KM

Images

Picture No. 17 Picture No. 15 Picture No. 09 Picture No. 10 Picture No. 12 Picture No. 06 Picture No. 05 Picture No. 13 Picture No. 07 Picture No. 03 Picture No. 04 Picture No. 02 Picture No. 08 Picture No. 11 Picture No. 14 Picture No. 16 Google Maps Image Picture No. 20 Picture No. 21 Picture No. 26 Picture No. 28 Picture No. 22 Picture No. 25 Picture No. 27 Picture No. 29 Picture No. 24 Picture No. 30 Picture No. 31 Picture No. 32

Nearby Streets

NameAverage PriceAverage SqftDistance
Tanglewood £ 750,00000.00 KM
Trinity Street £ 000.00 KM
Tennyson Gardens £ 000.00 KM
Palmerston Avenue £ 418,33300.00 KM
Moresby Court £ 142,25000.00 KM

Nearby Transport

NameNLCTLCDistance
Fareham5900FRM1.10 KM
Portchester5928PTC6.73 KM
Swanwick5920SNW9.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Lane, Fareham, Hampshire, PO16 £ 600,000BUY7 / 100.00 KM
Miller Drive, Fareham £ 650,000BUYUnknown0.08 KM
Thackeray Lodge, Trinity Street, £ 459,950BUYUnknown0.12 KM
1 Bed Apartment, Thackeray Lodge, Fareham £ 216,500BUY7 / 100.12 KM
2 Bed Apartment, Thackeray Lodge, Fareham £ 313,565BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
36 Park Lane £ 388,0000.03 KM
22 Park Lane £ 355,0000.03 KM
32 Park Lane £ 675,0000.03 KM
23 Park Lane £ 450,0000.11 KM
17 Park Lane £ 500,0000.11 KM