1-bedroom flat · PO20 2NB
For saleReduced £7.5k (−7%) on 15 JulListed 105 days
Opportunity summary
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About
***50% Shared Ownership*** A well presented first floor one bedroom apartment offering modern, low maintenance living in a convenient location close to Chichester city centre.
Featuring a bright open plan fitted kitchen and reception room with access to a private balcony, a spacious double bedroom, modern bathroom and an allocated parking space, the property is ideal for first time buyers, investors or those looking to downsize.
Perfectly positioned to enjoy Chichester's excellent shopping, dining and cultural attractions, with the South Downs National Park, Chichester Harbour and the beautiful beaches of West Wittering all within easy reach, this apartment combines comfort, convenience and an enviable lifestyle.
***50% Shared Ownership*** Situated in a convenient location on the outskirts of Chichester, this well presented first floor one bedroom apartment offers modern, low maintenance living, making it an ideal first time purchase, investment opportunity or lock-up-and-leave home.
The accommodation comprises a bright and spacious open plan fitted kitchen and reception room, creating a sociable living space with direct access onto a private balcony, perfect for enjoying a morning coffee or relaxing outdoors.
The property also features a well proportioned double bedroom and a modern bathroom.
Further benefits include an allocated parking space and a convenient location within easy reach of Chichester city centre, local amenities and excellent transport links.
Navigation House is ideally situated within easy reach of the historic Cathedral City of Chichester, renowned for its excellent shopping, restaurants, cafés and cultural attractions, including the renowned Festival Theatre.
The city also offers a wide range of leisure facilities, supermarkets and a mainline railway station with services to London Victoria.
The beautiful beaches of West Wittering, Chichester Harbour Area of Outstanding Natural Beauty and the South Downs National Park are all within easy reach, providing an excellent choice of coastal and countryside pursuits.
The development also benefits from convenient access to the A27, making it ideal for commuters travelling along the South Coast.
Additional information: Tenure : Leasehold Service Charge : £2196 per annum Rent (Based on 50%) : £298.83 pcm Years Remaining : 986 Years Remaining EPC : B Broadband Speeds : Up To 1800mbps Mobile : EE, Three, O2, Vodafone Agents Note: Upon acceptance of an offer, Hancock and Partners will complete an online identity check via Lifetimelegal.
The cost of this check is £58 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
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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 Flat 5, Waxwing Walk, Chichester
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