Mortimers Lane, Fair Oak
PE

Mortimers Lane, Fair Oak

By Pearsons

£ 350,000

Reviews

2 out of 5 stars

Pearsons says ..

A detached four bedroom cottage in need of modernisation. Comprising of two reception rooms, utility room, kitchen, three double bedrooms, one small single bedroom and long garage. Situated on a good sized gated plot with countryside views.

Property Oracle says ..

Fair Oak is a village located in Eastleigh, Hampshire, in a semi-rural location. The property is situated on Mortimers Lane, a popular road on the outskirts of the village. The area benefits from being within reasonable distance of several railway stations providing links to Southampton and beyond. There are also a number of well-regarded primary and secondary schools nearby, including Fair Oak Infant School, Fair Oak Junior School and Wyvern College, all of which received a ‘Good’ Ofsted rating. The proximity to these amenities makes the location desirable for families. The property itself is a four-bedroom house with a garden. Based on the provided photographs, the property is in need of significant modernisation and renovation. The interior shows considerable wear and tear, with damaged walls, flooring, and outdated fixtures and fittings. The exterior also shows signs of age and neglect. The garden, while present, appears unkempt and requires attention. The plot size is 1,549 sqft which is larger than average for the area. The list price of £350,000 is lower than the average house price in the area (£401,019), however, the average price per sqft is £376. Given the property’s condition and the need for extensive renovation, the asking price may reflect this. However, comparable properties in the area are significantly more expensive, suggesting that a higher price might be achievable once the property has been renovated. More information on the condition of the property such as a survey would be needed to make a more informed judgement.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
3
Location
8
Land
6
Bedrooms
4
Bathrooms
1
Sqft (est)
1,200.00
Lot (est)
1,549.00

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
464,167.00 £
Increased by 4.23 %
from 445,345.00 £
Est sale value
906,000.00 £
Increased by 87.34 %
from 483,600.00 £
Average area rental value
1,244.00 £/mo
Decreased by 13.13 %
from 1,432.00 £/mo
Est letting value
2,400.00 £/mo
Increased by 100.00 %
from 1,200.00 £/mo
Est rental Yield
3.22 %
Decreased by 16.58 %
from 3.86 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Pearsons created the listing.

Nearby Schools

NameTypeOfstedDistance
Little Coppice Children'S CentreChildren's Centre2.23 KM
Fair Oak Infant SchoolCommunity SchoolGood2.23 KM
Durley Church Of England Controlled Primary SchoolVoluntary Controlled SchoolOutstanding2.28 KM
Wyvern CollegeAcademy ConverterGood2.35 KM
Fair Oak Junior SchoolCommunity SchoolGood2.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Belmere Drive £ 000.00 KM
Fernside Way £ 000.00 KM
Maytree Close £ 575,00000.00 KM
Longfield Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hedge End5893HDE4.38 KM
Botley5894BOE6.08 KM
Eastleigh5899ESL8.01 KM
Shawford5929SHW8.19 KM
Southampton Airport Parkway5922SOA9.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Keepers Drive, Fair Oak, Eastleigh, SO50 £ 450,000BUY7 / 100.39 KM
Keepers Drive, Fair Oak, SO50 £ 450,000BUY7 / 100.39 KM
Belmere Drive, Fair Oak, SO50 £ 340,000BUY7 / 100.42 KM
Belmere Drive, Fair Oak, SO50 £ 580,000BUY7 / 100.43 KM
Belmere Drive, Fair Oak, Eastleigh, Hampshire, SO50 £ 400,000BUYUnknown0.44 KM

Nearby Properties

AddressPriceDistance
1 Pembers Hill Drive £ 390,0000.54 KM
25 Pembers Hill Drive £ 420,0000.54 KM
30 Bradshaw Close £ 320,0000.92 KM
28 Bradshaw Close £ 335,0000.92 KM
2 Bradshaw Close £ 270,0000.92 KM