2-bedroom terraced house · PO19 3BN
Listing removedReduced £25k (−7.1%) on 18 SepListed 380 days
Opportunity summary
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About
The accommodation is arranged over two floors and retains much of its original character.
On the ground floor, the front door opens into the sitting room which features wooden flooring, period detailing and a feature fireplace, creating a welcoming reception space.
The dining room has a fireplace (blocked off) and overlooks the rear garden and leads into the kitchen which comprises a range of base and wall units, inset stainless steel sink, broom cupboard and space for appliances.
From the dining room a door and stairs lead to a useful cellar, ideal for storage and offering potential for conversion to further living space.
From the kitchen a door leads to an inner hall with a glazed door to the rear garden and a door to the bathroom which comprises a panelled bath, wash hand basin and low-level WC.
On the first floor, there are two double bedrooms, one of which has a wash hand basin, and both are naturally light with wooden floors.
Externally, the property is complemented by a part walled and fenced shingled garden with a paved terrace perfect for alfresco dining.
The garden has been landscaped with mature planting providing a good degree of privacy.
To the front there is an area of paving directly in front of the house and permit parking (on application) is available on Wasington Street.
Services: All Main Local Authority: Chichester District Council Council Tax: Band D Energy Rating: Band D.
Location Washington Street is located just a short walk from North Street and the main pedestrianised shopping precinct as well as Chichester Festival Theatre.
There is a small convenience store on St Pauls Road whilst the city offers excellent high-street shopping, many fashionable restaurants, cafes, bars, a leisure centre with swimming pool and cinema complex, sports/tennis club and is home to the Pallant House Gallery.
Located to the north of the city is the Goodwood Estate, which is famous for its many sporting event days including the much-celebrated Festival of Speed and Goodwood Revival for motor racing enthusiasts, and a season of horseracing including Qatar Festival.
The South Downs National Park is within easy reach being about 2 1⁄2 miles to the north, and Chichester Harbour, along with Chichester Marina and Birdham Pool, are located just to the south-west, the harbour being home to several popular sailing clubs.
Also, to the south-west, about 9 miles, is the popular sandy beach at West Wittering and the National Trust’s East Head sand dune spit at the stunning entrance to Chichester Harbour.
There are bus stops nearby, and Chichester’s centrally located train station provides services along the coast to Portsmouth and Brighton, and to London Victoria
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.
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About 26 Washington Street, Chichester
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