Real Estate · For Sale
detached house for sale
Price
£1,750,000Location
Highlands Road, Fareham, Hampshire PO15 · Fareham · PO15 6JE · GB
Type
houses
About this property
An exceptional and rarely available investment opportunity to acquire the freehold of a recently constructed block of eight high-specification apartments, ideally positioned close to Fareham town centre, mainline train station and with excellent access to the M27.
This impressive development offers a versatile and income-generating portfolio, with the apartments currently split between assured shorthold tenancies and successful Airbnb use, providing immediate returns alongside flexibility for future management. As the incoming freeholder, there is the added advantage of full control over how the block is operated, allowing you to tailor the investment strategy to suit your objectives.
The accommodation is thoughtfully arranged and includes a stunning three-bedroom penthouse, a spacious two-bedroom apartment with en-suite, three attractive garden apartments with direct outside access via bi-fold or French doors, and a selection of well-designed studio and one-bedroom units. There is also further potential to create an additional studio apartment, subject to the necessary consents.
Each apartment has been finished to an exceptional standard, with contemporary kitchens and stylish bathrooms, complemented by quality flooring throughout. Modern features such as underfloor heating and air source heating systems ensure both comfort and efficiency, reflected in the impressive EPC ratings-seven apartments achieving B and one a C rating.
Externally, the development benefits from eight allocated parking spaces, seven of which are equipped with EV charging points.
Combining strong yields, flexibility and long-term growth potential, this is a superb opportunity for both seasoned and aspiring investors alike.
ADDITIONAL INFORMATION
Materials used in construction: Ask Agent
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Should a purchaser have an offer accepted on a property marketed by us, they will be required to complete an identification check in line with Anti Money Laundering Regulations. This is a legal requirement and is carried out via a specialist third-party provider. The cost is 60 inc. VAT per purchaser, payable in advance once an offer is agreed and prior to the sales memorandum being issued. This fee is non-refundable.
Ideally positioned between the vibrant cities of Southampton and Portsmouth, Fareham offers an attractive mix of coastal charm, green spaces, and modern convenience. This thriving market town sits on the edge of the South Hampshire countryside, providing residents with easy access to both beautiful natural surroundings and excellent transport links.
Fareham boasts a wide range of local amenities, including well-regarded schools, independent shops, supermarkets, and leisure facilities. Its historic town centre is home to a variety of cafs, restaurants, and a popular shopping precinct, while nearby Portchester Castle, Titchfield Abbey, and the Solent coastline provide fantastic opportunities for days out and scenic walks.
For commuters, Fareham offers direct rail links to London, Portsmouth, and Southampton, and is conveniently located near the M27 motorway, making it ideal for those travelling by road. The area is also well served by local bus routes and is just a short drive from Southampton Airport.
With its strong community feel, excellent connectivity, and range of property styles, Fareham appeals to families, professionals, and retirees alike – a well-rounded place to call home on the South Coast.