4-bedroom detached house · PO19 3NA
Sold STCListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A SUBSTANTIAL DETACHED HOUSE currently arranged as TWO SELF CONTAINED FLATS, set within LARGE GARDENS and benefiting from OFF ROAD PARKING.
Each flat offers TWO DOUBLE BEDROOMS and INDEPENDENT HEATING SYSTEMS. The property offers EXCELLENT POTENTIAL for RECONFIGURATION or REDEVELOPMENT, subject to the necessary consents.
This substantial detached house is currently arranged as two self-contained flats, positioned one above the other and offering flexible accommodation with potential for a variety of future uses.
The property occupies a generous plot with large gardens and off-road parking to the front. Each flat is laid out as a mirror image and is accessed independently.
The accommodation within each comprises a hallway, fitted kitchen, sitting and dining room, two double bedrooms and a bathroom.
Both flats benefit from their own independent gas fired central heating systems, allowing them to operate separately if required.
The ground floor flat offers convenient single-level living, while the first floor flat enjoys an elevated position overlooking the surrounding gardens.
The current layout lends itself well to continued use as two separate dwellings, providing potential for rental income or multi-generational living, subject to individual requirements.
Outside, the property is set within large gardens which offer ample space for recreation, landscaping or further consideration, depending on a purchaser’s intentions.
To the front of the property there is off-road parking, providing practical convenience for residents or visitors. Of particular note is the future potential that the property offers.
The house may lend itself to reconfiguration back into a single substantial family home, or alternative redevelopment options may be considered.
Any such works would, of course, be subject to the necessary planning permissions, building regulations and consents.
The property is conveniently located with access to local amenities and transport links, making it suitable for a range of buyers including investors, developers or owner occupiers seeking a larger project with scope to add value.
This is a rare opportunity to acquire a versatile property offering generous accommodation, outdoor space and long-term potential.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flaxman Avenue, Chichester
Explore nearby