3-bedroom semi-detached house · PO20 1EH
Sold STCListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely 3 BEDROOM SEMI DETACHED COTTAGE with numerous character features in a semi rural location about 1.5 miles to the south east of Chichester.
The house is arranged over 3 floors and has a LOG BURNING STOVE in the sitting room plus a CLOAKROOM leading from the separate dining room. DETACHED SINGLE GARAGE and study.
A very attractively presented semi detached cottage situated just off the Bognor Road on the way into Chichester.
The house has a lovely southerly facing garden and a detached single garage with an office located at the rear.
The entrance porch has stairs to the first floor and a door to the sitting room which has a cast iron log burning stove. There is a door to the dining room and a storage cupboard under the stairs.
The dining room has a door to the cloakroom with WC.
The fitted kitchen leads from the dining room and has a good range of counter tops with built in hob, oven and extractor plus a larder style 'fridge/freezer.
On the first floor there are 2 double bedrooms and a bathroom. From the landing there is a staircase to the second floor.
On the second floor the double bedroom has a good range of built in wardrobes and a window to the side aspect. Outside the garden is mainly laid to lawn with an LPG tank and cesspool.
All enclosed within a fenced boundary and with gated side access to the front.
Disclaimer - As the seller's agent we are not surveyors or conveyancing experts and as such we cannot and do not comment on the condition of the property or issues that may affect this property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
Directions - Take the Bognor Road A259 out of Chichester crossing over the A27. At the next roundabout take the 4th exit returning to Chichester.
After about 400 yards turn left into a lane by the interior design shop and South Kives Cottage can be found along on the right hand side.
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
Agent & docs
FAQ
About Bognor Road, Merston
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