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See how verdicts work2-bedroom flat · PO19 5RF
For saleReduced £11k (−4.1%) on 30 SepListed 176 days
Opportunity summary
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About
Tenure: Leasehold A smartly presented first floor apartment on the doorstep of the South Downs National Park.
A bright and spacious first-floor apartment set within a purpose-built development, surrounded by extensive communal grounds.
The development offers a wonderful blend of neatly manicured formal gardens, generous communal balconies and terraces and mature woodland.
Ideally located approximately one mile north of the city centre, the property sits in the highly sought-after area of Summersdale, right on the doorstep of the stunning South Downs National Park.
The apartment is accessed via a communal entrance with stairs leading to the first floor.
Inside, an inviting entrance hall leads to a sunny sitting/dining room, filled with natural light thanks to windows on three sides. A glazed door opens onto a south-facing balcony.
The kitchen is fitted with white-fronted units and comes equipped with an integrated electric oven and hob, cooker hood, washing machine, dishwasher and fridge freezer.
There are two well-proportioned bedrooms and a bathroom featuring an electric shower over the bath. Additional benefits include a single garage located in a courtyard within the grounds.
The owner holds a share in Summersdale Court Management Company Ltd, which in turn owns the freehold.
Lease: 125 years from 25/03/1991 Service Charge: For 2026/27 £2,342.45 pa Ground Rent: Na Chichester District Council - 26/27 Tax Band D £2,492.15 epc-c Directions - From the Northgate circulatory system, proceed north up the A286 Midhurst Road.
After passing Oaklands Park and the Roussillon Park development take the third turning on the right into The Drive. Summersdale Court is immediately on the left.
What3words - gear.spends.icon EPC Rating: C Location Nearby there is a convenience store, doctors surgery with pharmacy and there is a bus service every 30 minutes into Chichester.
The cathedral city of Chichester offers excellent high street shopping, many fashionable restaurants, cafes and bars, Festival Theatre and a mainline station to London Victoria.
Goodwood is famous for its many event days including the world renowned Festival of Speed and Goodwood Revival for motor racing enthusiasts and a season of horse racing including the Qatar Goodwood Festival.
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 - Garage
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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FAQ
About Flat 10, Summersdale Court The Drive, Chichester
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