2-bedroom house · PO19 3BX
No longer listedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crossmeads are proud to offer this charming two-bedroom house situated on Parchment Street in Chichester.
The property offers well-proportioned and versatile accommodation, making it an ideal home for a couple, small family or professional tenants.
The ground floor comprises a welcoming reception room with plenty of natural light, leading through to a well-equipped kitchen with ample worktop and storage space and access to the rear.
Upstairs, there are two comfortable bedrooms and a family bathroom. The property is offered unfurnished, providing tenants with the opportunity to make the house their own.
Further benefits include gas central heating and on-street parking.
Located within easy reach of Chichester city centre, the property is conveniently positioned for access to a wide range of shops, restaurants, local amenities and transport links, whilst also being well placed for enjoying the surrounding area.
This well-presented home combines practical living accommodation with a convenient location and would make an excellent rental property.
Early viewing is highly recommended to appreciate what this property has to offer. Upon accepted application, holding fee required; equal to one weeks worth of rent.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs
FAQ
About Parchment street, Chichester
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