2-bedroom flat · PO20 0BN
For saleReduced £11k (−5%) on 6 OctListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this well-presented ground floor flat provides an excellent opportunity for buyers seeking a conveniently located home.
The property benefits from a share of freehold (50/50 split with the 1st floor flat), offering peace of mind and long-term security.
The accommodation comprises two double bedrooms, each with ample space for furnishings and storage, making the property ideal for professionals, couples, or small families.
The bright and airy living room is well-proportioned and benefits from a spacious feeling with it being open plan to the kitchen, offering flexibility for both relaxation and entertaining.
The kitchen is fitted with a range of modern units and work surfaces, providing plenty of room for meal preparation and storage along with a handy breakfast bar.
The flat is further enhanced by the rare advantage of two parking spaces, ensuring convenient parking for residents.
Situated within close proximity to the high street, a wide range of amenities including shops, cafes, and essential services are just a short walk away, offering every-day convenience.
The property is also located on a main bus route, providing excellent transport links to surrounding areas and making commuting straightforward.
With its own private garden (perfect for relaxing or entertaining), this flat offers a rare combination of indoor and outdoor living space.
The property is presented in good decorative order throughout, allowing buyers to move straight in with minimal work required.
This attractive flat presents a fantastic opportunity for those looking to enjoy the benefits of ground floor living, with the added advantages of private parking, a share of freehold, and a sought-after location close to local amenities and transport links.
EPC Rating: D Entrance Hall Double glazed front door opening to the entrance hall with doors to all rooms Open Plan Living Room & Kitchen (5.65m x 4.21m) Bedroom One (4.13m x 2.63m) Bedroom Two (2.75m x 2.67m) Bathroom Bath with shower above, wash hand basin and w/c Garden Fence enclosed and mainly laid to lawn Parking - Off Street Whilst the parking area is communal, each flat has 2 Parking spaces.
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.
Area
Agent & docs
FAQ
About 33b East Street, Chichester
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