2-bedroom house · PO19 3BS
Listing removedReduced £40k (−8%) on 21 AugListed 911 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful and spacious city cottage, occupying a private position within Chichester city conservation area.
Listed Grade II, this 18th Century cottage was formerly a local ale house and tobacconist until the First World War, when it became a dwelling and now provides good sized accommodation, with separate sitting and dining rooms, a refitted kitchen, downstairs cloakroom and two double bedrooms, each with en-suites.
There is a lovely south east facing courtyard garden and an up-and-over garage door leads onto private parking.
Frog Cottage occupies a particularly convenient position situated just about half a mile from Chichester Cross.
The city offers a wide and broad range of shopping, culture and leisure facilities including the internationally renowned Festival Theatre, cathedral, art galleries, museums and restaurants.
Chichester Harbour, to the south, provides sailing opportunities and there are many miles of foot and bridlepaths around the harbour on the South Downs National Park.
Goodwood provides a popular horse racing calendar as well as motoring events including the Festival of Speed and September Revival.
There is a mainline railway station connecting to London Victoria and Gatwick.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 21a, Cavendish Street
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