2-bedroom flat · PO19 6ST
For saleListed 16 days
Opportunity summary
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About
A bright ground floor apartment complemented by a south-facing private garden.
A bright well-presented two-bedroom purpose-built ground floor garden apartment, conveniently situated approximately 20 minutes’* level walk from Chichester city centre and just a 4-minute* walk from St Richard’s Hospital.
The property benefits from a communal security entry phone system opening to a communal hallway. A private front door opens to an entrance hall leading to a well-proportioned sitting room.
The spacious modern kitchen is fitted with stylish white and purple-fronted cupboard units, complemented by an integrated fan-assisted oven and microwave, ceramic hob and cooker hood.
French doors from the kitchen open into a south-facing conservatory, which enjoys views over and access to the enclosed private rear garden.
The garden has been attractively arranged with two patio areas, a decked seating area, raised sleeper bed and an artificial lawn, creating a low-maintenance outdoor space.
There are two well-proportioned bedrooms, together with a bathroom and separate WC. New replacement uPVC double windows were installed in the sitting room, both bedrooms and the bathroom in 2024.
To the rear there is parking with residents being allocated two annual parking permits by Sippi Car Park Management, together with one visitor parking permit available on demand via the Sippi app.
The vendor is currently in the process of extending the existing lease by a further 99 years. The current lease was originally granted for 125 years from 10th November 1986.
The vendor has advised the new lease will be 215 years from 10th November 1986. The ground rent is £10 per annum, while the service charge is £1,400 (variable amount).
We understand that pets are permitted, subject to the relevant regulations.
*Source Google Maps Chichester District Council - 26/27 Tax Band B £1,938.33 epc-c An excellent opportunity for a first-time buyer, downsizer, investor or those seeking convenient access to St Richard’s Hospital and the city centre, with the particular benefit of a private south-facing garden.
Directions - From the top of North Street proceed in an easterly direction along Oaklands Way. At the roundabout, take the first exit into Spitalfield Lane.
At the mini roundabout turn left into Douglas Martin Road and right at the next mini roundabout into Swanfield Drive. The apartment block is on the right.
What3words - verbs.hammer.crowds EPC Rating: C Location The property is in close proximity to the hospital and a co-op convenience store, with the city centre within a short walk.
The cathedral city of Chichester offers excellent high street shopping, many fashionable restaurants, cafes and bars, the 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 a fine selection of beaches including 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 Disclaimer Please note: Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 + VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
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 2 Swanfield Drive, Chichester
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