2-bedroom flat · PO19 7LD
For saleReduced £12.5k (−5.5%) on 15 JulListed 221 days
Opportunity summary
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About
An excellent opportunity for a main residence or buy-to-let investment.
Rarely available, this bright and well-presented purpose-built first-floor apartment is ideally located just a level 1/3-mile walk from the city centre shopping precinct.
The property further benefits from a private garage within the central courtyard and a communal entrance shared with only one other apartment.
The accommodation comprises an entrance hallway, a sunny dual-aspect sitting room with east and west facing windows, a fitted kitchen, two well-proportioned bedrooms, and a bathroom with an electric shower over the bath.
The apartment is heated by gas central heating via radiators. Both the windows and gas boiler have been replaced, offering improved efficiency and peace of mind.
Lease: 999 year lease granted 2025 Service Charge: 7 City Chase has a share of the freehold and the service charge is currently £2850.61 pa Ground Rent: N/A Chichester District Council - 25/26 Tax Band C £2,077.38 epc-c Directions - From the end of East Street proceed east along St Pancras on the one way system bearing right toward The Hornet into The Needlemakers.
City Chase will be found immediately on the left.
What3words - square.enable.tube EPC Rating: C Location The property can be found within quarter of a mile level walk of the pedestrianized city centre and occupies a wonderful position adjacent to Litten Gardens recreational ground.
The city of Chichester provides a comprehensive selection of shops, with many of the major multiple retailers being represented, as well as high quality independent traders and a number of public houses, wine bars and bistros.
The internationally acclaimed Festival Theatre, Priory Park with its historic cricket ground and Pallant House gallery are just a few examples of the nearby facilities of this thriving city.
The mainline station provides a service to London Victoria. Goodwood is famous for its many event days.
There are superb sailing facilities around Chichester Harbour and water sports from the beaches at West Wittering.
The area has 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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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
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FAQ
About Flat 7, City Chase Needlemakers, Chichester
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