We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PO20 9BL
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This opportunity presents a freehold plot with a caravan in situ, offered for sale with no onward chain and an 8 month licence.
Family owned for 50 years, the plot measures approximately 48ft x 29ft, providing space for a peaceful retreat or a holiday base.
The accommodation comprises an open plan living, dining, and kitchen area, creating a sociable and versatile environment for relaxing or entertaining.
There are two bedrooms, ideal for family use or visiting guests, and the interior benefits from plenty of natural light throughout.
The outside space is located to the side of the caravan and and is mainly laid to lawn offering an enclosed space for children to play or for outdoor relaxation.
A raised, paved seating area provides the perfect spot for al fresco dining or enjoying the sun.
Two wooden sheds are included for valuable storage, accommodating garden tools, bicycles, leisure equipment, one containing a washing machine and tumble dryer (both included in the sale).
This property is ideally suited for buyers seeking a manageable plot with scope for enjoyment and flexibility, all within a well-established location.
Veranda (4.65m x 1.88m) Steps at either end lead up to the veranda with double glazed door into the caravan Open Plan Living, Dining & Kitchen Area (6.03m x 3.61m) Measurement includes the kitchen area as well.
Inner Hallway Doors to both bedrooms and shower room Bedroom One (2.50m x 2.49m) Built in cupboards and opening to walk in wardrobe/dressing room Walk In Wardrobe/Dressing Room Hanging space and built in drawers Bedroom Two (2.48m x 1.69m) Built in cupboards Shower Room Walk in shower, w/c and wash hand basin Garden Located to the side of the caravan, mainly laid to lawn with a paved seating area.
Two wooden sheds for storage, one containing a washing machine and tumble dryer (both included with the sale) Parking - On Street Located directly outside the front fence and adjacent to the plot there is a space to park
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 4 Freeways Montalan Crescent, Chichester
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