# 2 bedroom house for sale (PO15 7ED) ## Property Details | Key | Value | |-----|-------| | Address | 14 IBSEN CLOSE, FAREHAM, WHITELEY, HAMPSHIRE PO15 7ED | | Price | £169,995 | | Bedrooms | 2 | | Last sold | £168,000 May 2010 | ## Description Walker and Waterer are delighted to offer the opportunity to purchase this two double bedroom semi detached house in a popular location in Whiteley. The property boasts kitchen, lounge/diner, cloakroom, two double bedrooms and bathroom. Outside the property has a garage with driveway parking to the front for vehicles and an enclosed low maintenance rear garden. The home is offered for sale with no chain ahead. Accommodation Comprises:: In brief the property comprises of entrance hallway with doors leading to cloakroom, kitchen and lounge/diner. Upstairs the property benefits from two double bedrooms and bathroom. Outside the property boasts front and rear gardens and garage. Entrance Hall: Double glazed obscured door to front, textured ceiling, storage cupboard, alarm control panel, doors to cloakroom and lounge/diner, archway to kitchen. Cloakroom: Two piece white suite comprising of low level WC, vanity wash hand basin with cupboard below, tiling to splashbacks, radiator, fuse box, extractor fan, textured ceiling. Kitchen: Double glazed window to front, range of fitted and matching wall and base units incorporating single dainer sink unit with mixer tap over, built in electric oven with four ring gas hob with extractor hood over, space and plumbing for washing machine, space for fridge, cupboard housing boiler, tiling to splashbacks, textured ceiling. Lounge/Dining Room: Double glazed double doors to rear, stairs to first floor with recess space below, two double radiators, fitted electric fire set in feature surround, television point, telephone point, textured ceiling. On The First Floor: Landing: Textured ceiling, doors to both bedrooms and bathroom, access to loft. Bedroom 1: Two double glazed windows to front, radiator, two built in double wardrobes and dressing table, textured ceiling. Bedroom 2: Double glazed window to rear, radiator, built in wardrobe and dressing table, door to airing cupboard housing tank and helving, textured ceiling. Bathroom: Three piece bathroom suite comprising of panneled bath with mixer tap and shower attachment over, low level WC, vanity wash hand basin with cupboard below, radiator, tiling to splash backs, extractor fan, textured ceiling. On The Outside: Front Garden: Area laid to lawn, shrub bed, access to front door with covered porch over, driveway parking to rear for vehicles leads to garage. Garage: Up and over door to front, power and lighting, eaves storage. Rear Garden: Paved patio area extends onto shingled area with shrub borders, pedestrian side access, garden enclosed by fencing. ## Property Photos - ![Photo](/listings/photos/24774226/745021) - ![Photo](/listings/photos/24774226/745023) - ![Photo](/listings/photos/24774226/745026) - ![Photo](/listings/photos/24774226/745029) - ![Photo](/listings/photos/24774226/745032) - ![Photo](/listings/photos/24774226/745034) - ![Photo](/listings/photos/24774226/745039) - ![Photo](/listings/photos/24774226/745042) - ![EPC](/listings/photos/24774226/745044) - EPC - ![Photo](/listings/photos/24774226/745046) ## Floorplans - ![Floorplan 1](/listings/photos/24774226/745047) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 14 IBSEN CLOSE, WHITELEY, FAREHAM, HAMPSHIRE, PO15 7ED | £168,000 | 27/05/2010 | Semi-detached | | 14 IBSEN CLOSE, WHITELEY, FAREHAM, HAMPSHIRE, PO15 7ED | £117,500 | 12/06/2002 | Semi-detached | | 14 IBSEN CLOSE, WHITELEY, FAREHAM, HAMPSHIRE, PO15 7ED | £80,000 | 27/11/1998 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 18 IBSEN CLOSE, WHITELEY, FAREHAM, HAMPSHIRE, PO15 7ED | £310,000 | 27/08/2021 | Semi-detached | **Street average:** £310,000 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £600,000 (1 Other, PO15, 2024–2026) - **Deviation:** -71.7% ## Rental Range *ONS Price Index of Private Rents (Fareham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,092/mo - **Realistic:** £1,213/mo - **Optimistic:** £1,334/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Portsmouth (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £843/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Silver Birch Way, PO15 | £1,300/mo | 2 | 0.27 miles | OpenRent | **Average rent: £1,300/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.76% (weak for cashflow) - **Max investor price (0.8%):** £162,500 - **Target investor price (1%):** £130,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,300/mo).* - **Gross yield:** 9.2% - **Cost-to-rent:** 10.9× - **Monthly cashflow:** £476/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 11.6% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 1.3% - **10y growth:** -27.3% ## House Price Index (HM Land Registry) *Official index for Fareham; All dwelling types series; as of March 2026.* - **1y growth (index):** 2.1% - **5y growth (index):** 14.7% - **10y growth (index):** 35.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)