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See how verdicts work1-bedroom house · PO19 1AW
Sold STCReduced £19.5k (−28.1%) on 26 OctListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A FIRST FLOOR RETIREMENT APARTMENT ideally located in the CITY CENTRE just off NORTH STREET.
Offering a SITTING/DINING ROOM, FITTED KITCHEN, DOUBLE BEDROOM and SHOWER ROOM, with COMMUNAL FACILITIES including LOUNGE, LAUNDRY and GARDENS. LEASE TERM REMAINING APPROX. 56 YEARS.
This first floor retirement apartment is ideally situated in the heart of Chichester city centre, just off North Street, providing immediate access to a wide range of shops, cafés and local amenities.
The property forms part of a well-established development designed specifically for retirement living, offering both independence and a sense of community.
The apartment is accessed via a communal entrance with stairs rising to the first floor. Upon entering, a private hallway leads to all principal rooms.
The sitting and dining room provides a comfortable living space with room for both seating and dining furniture.
The kitchen is fitted with a range of units and offers practical storage and preparation space. The bedroom is a well-proportioned double room, providing a ????? and comfortable environment.
The shower room is fitted with a suite comprising a shower, wash basin and WC.
Residents benefit from a range of communal facilities, including a shared sitting room which provides an opportunity for social interaction, a laundry room and well-maintained communal gardens.
These facilities are designed to enhance convenience and lifestyle within the development.
The property is held on a lease with approximately 56 years remaining from an original 99-year term granted in 1984.
Prospective purchasers should make their own enquiries regarding the lease and any associated costs.
The central location is a particular advantage, with Chichester’s comprehensive amenities, transport links and cultural attractions all within easy reach, making this an ideal home for those seeking convenience and accessibility.
This apartment offers an excellent opportunity to acquire a centrally located retirement property within a well-supported development.
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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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 St. Cyriacs, Chichester
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