1 bed detached bungalow for sale

Fontley Road, Titchfield, Fareham PO15

A rare and superb opportunity to acquire a detached bungalow set in 13 acres with a 2 acre carp pond offering an ideal site for home and income and the potential for significant growth.

The 13 acres:
The land comprises a mix of residential, commercial, greenbelt, and sssi-designated areas.

The carp lake:
The lake is open to the public via day tickets and generates approximately £80,000 per annum. () and there is a smaller pond also.

Outbuildings:

Two commercial rental units generating £6,000 per year each
A disused piggery
A fishing shop generating £20,000 per annum, which also includes toilets, a shower, and a storage room
Garage.
Other sources of revenue:
Permission for up to five camper vans operating as a CL site, charged at £15 per night
Sale of surplus stock via eBay, generating approximately £10,000 per annum
It’s important to note that the sellers have historically taken a conservative approach to pricing and have not actively sought to optimise revenue. As a result, there is significant potential to increase income across multiple areas. This includes mobile accommodation options such as shepherds’ huts, for which we have modelled a business case indicating potential annual revenue in excess of £400,000, based on conservative occupancy assumptions.
There is also a small Beehive operation, orchard tree’s: Pear, plums apples (at least 30 trees)

Property Ownership Information

Tenure

Freehold

Council Tax Band

F

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.