2-bedroom flat · PO19 6EA
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive first‐floor apartment sits within a beautiful conversion on the ever‐popular Graylingwell development, approached via a communal entrance shared exclusively by just two homes, enhancing its sense of privacy.
The open‐plan living space is bright and welcoming, complemented by a modern kitchen with integrated appliances and two well‐proportioned double bedrooms. A stylish bathroom/WC completes the layout.
Throughout the property, character features such as high ceilings and attractive sash windows add charm and individuality.
An allocated parking space further strengthens its appeal, making this a superb opportunity for buyers seeking convenience, comfort and a touch of period character.
Leasehold – 150 years granted 01/01/2011 Service charge and ground rent - Current service charge is £207 per month. Ground rent is zero.
Chichester District Council - 26/27 Tax Band C £2,215.25 epc-b Directions - What3words - rips.gross.cotton EPC Rating: B Location Graylingwell Park is a unique contemporary development, set in 85 glorious acres of parkland, yet is only a mile from Chichester city centre, with its excellent pedestrianised shopping precincts and mainline station to London Victoria.
In addition to this, there is a regular bus service from Graylingwell Park into the city centre.
Graylingwell Park offers a huge range of activities which are organised by Chichester Community Development Trust.
On the development there is the Edge cafe which adjoins the Chapel and various well-being activities are available in the Pavilion. Nearby Goodwood is famous for its many event days.
There are excellent sailing facilities around Chichester Harbour and water sports from the beaches at West Wittering.
The area is a paradise for wildlife enthusiasts, with beautiful walks and cycle tracks over the South Downs and around the harbour. Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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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 246 Longley Road, Chichester
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