2-bedroom house · PO19 3BX
Listing removedListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Henry Adams Lettings is pleased to offer a charming two bedroom flint fronted period cottage located just a short walk from city centre.
Available to let unfurnished, accommodation briefly comprises entrance hallway, living room, fitted kitchen with appliances (space for tenant to provide washing machine), dining room/conservatory, ground floor shower room with w/c, two first floor bedrooms and a bathroom.
Outside, to the rear of the property is a small courtyard garden. Unallocated on street permit parking (a valid parking permit must be purchased from Chichester District Council).
EPC:D Council Tax Band: D material information: Type of Property - Terraced House Construction - Brick with Pitched Roof Rooms - See Description & Dimensions Utility Information - Mains Electricity & Gas Sewerage - Mains Heating - Gas Central Heating Broadband - tbc (Download speed available from Ofcom or your provider) Mobile Reception - Multiple Networks Available (Information available from Ofcom) Parking - Unallocated on-street parking (residents parking permit must be obtained from Chichester District Council) Building Safety - No known issues to Agent Restrictions - N/A Rights and Easements - Right of access through neighbours gate at rear of property Flood Risk - Low Risk (please see government website for further details - check long term flood risk postcode search) Coastal Erosion - Property is not located on the coast line.
Planning Permission or Proposal for development (Local authority postcode search) - Planning applications nearby please see local authority website for further information.
Property accessibility/adaptations - N/A Coalfield or mining area - N/A
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 3, Parchment Street, Chichester
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