We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · PO19 7HX
Sold STCReduced £20k (−8%) on 7 OctListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***No Onward Chain*** A three bedroom end of terrace house situated on St James Square. The property is sold as seen and needs renovating throughout.
Requiring renovation throughout, the property presents an excellent opportunity for those looking to create a home to their own specification or for buyers seeking a refurbishment project.
Upon entering the property, you are welcomed into an entrance hallway providing access to the staircase and the main living accommodation.
The living room is positioned at the front of the property and benefits from a large bay window, allowing plenty of natural light into the room, along with a desirable south-facing aspect.
From the living room, there is access through to the kitchen at the rear of the property, with a downstairs bathroom completing the ground-floor accommodation.
Upstairs, the first floor offers three well-proportioned double bedrooms, providing generous accommodation and plenty of scope for a future owner to modernise and reconfigure the space to suit their requirements, subject to any necessary consents.
Externally, one of the property's key features is the large private rear garden, offering considerable outdoor space and further potential.
The property also benefits from side access to the garden, adding to its practicality.
The property requires renovation and modernisation throughout and is offered for sale as seen, making it an ideal opportunity for buyers looking for a project with significant potential. Location St.
James Square is conveniently positioned within Chichester, offering good access to the historic city centre and its wide range of shops, restaurants, cafés and everyday amenities.
The property is also well placed for local schools and transport connections, while Chichester's mainline railway station provides services towards Portsmouth, Brighton and London, making the location convenient for both local and wider travel.
Additional Information : Tenure : Freehold Estate Charge : £244.04 per annum Council Band : C Broadband : Up To 5500mbps Mobile Coverage : Good - EE, O2, Vodafone; Okay - Three Agents Note: Upon acceptance of an offer, Hancock and Partners will complete an online identity check.
The cost of this check is £24 including VAT per purchase.
This charge verifies your identity in accordance with hmrc requirements, and documentation confirming your identity and address will be required.
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
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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
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FAQ
About 42, St. James Square, Chichester
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