2-bedroom bungalow · PO20 8BU
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A semi-detached bungalow situated in a generous plot with an excellent location nearby to the village amenities and shoreline.
A semi-detached bungalow situated in an extremely generous plot for a property of this size and offering excellent accessibility to the local bustling village and tranquil beach shorelines providing a perfect coastal lifestyle.
Upon arrival to the property, you are welcomed by a large, paved driveway providing excellent parking facilities, a sheltered carport and a single garage with a south-facing front garden patio.
Internally the property would benefit from some remodelling and updating but has excellent potential to increase the living space by converting the attaching garage (STPP) but already comprises an open-plan kitchen/diner, a large living room, two bedrooms, a shower room with a large walk-in shower cubicle, and a large conservatory which opens to the rear garden which comprises a patio, lawn and plant and hedge borders.
Viewings strictly by appointment Kitchen/Diner: Entrance door, array of light grey units and black stone affect worktops, wall mounted Hotpoint double electric ovens, 4-ring induction hob with overheard extractor, large porcelain sink and draining board, Hotpoint washing machine, Beko fridge/freezer, Dining Area.
Living Room: Gas fire, sliding panel blinds, radiator. Shower Room: Large walk-in modern cubicle with sliding glass door, chrome heated towel rail, wash basin with mirror, Boiler cupboard.
Bedroom 1: Fitted wardrobes to one wall, fitted dressing area and additional storage. Bedroom 2: Built in wardrobe, French doors to conservatory.
Conservatory: Laminate flooring, Bi-folding doors leading onto rear garden. Side door into garage/utility room. Garage: Electric roller door, utility space.
Rear Garden: (N) Patio, garden shed, plant and hedge borders. Front Garden: (S) Concrete paved driveway with entrance gates, Covered car port, hose, paved patio and front lawn.
Please note upon an accepted offer you will be required to complete online Identity checks provided by Guild/Verify365, the cost of these checks is £30 plus VAT per registered purchaser.
This charge verifies your identity in line with our obligations with hmrc.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
Area
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FAQ
About Oakfield Avenue, Chichester
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