4-bedroom house · PO20 3SQ
Sold STCReduced £30k (−4.8%) on 5 SepListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful, bright and sunny detached four bedroom house at the end of a little known private lane.
One of two bespoke new houses built in 2022, the owners have kept the house in immaculate condition throughout.
There is a separate sitting room and study, and a magnificent open plan and part vaulted kitchen/family room with a wide range of deep blue kitchen units, central island, all topped with Silestone worksurfaces and with a range of fitted appliances.
The utility room matches the kitchen and the ground floor accommodation is completed with a study and cloakroom. There are four bedrooms, the master with an en-suite, and a family bathroom.
At attractive garden is complemented with two driveway parking spaces and with additional parking for up to six cars.
Rye Cottage lies at the end of an unadopted road, on the southern side of Westergate village, around half way between Arundel and Chichester.
The property is located within easy reach of the local post office and convenience store and is also close to Aldingbourne Primary School.
There is a mainline station in the nearby village of Barnham which is approximately two miles away and also has its own excellent range of local shops and public houses.
The cathedral city of Chichester can be found approximately six miles to the west and is also within convenient travel distance to the historic town of Arundel.
Other local interest in the area include horse racing at Fontwell Park.
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 Rye Cottage,, Westergate Street, Chichester
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