2-bedroom flat · PO19 5RA
For saleReduced £50k (−14.3%) on 26 SepListed 166 days
Opportunity summary
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About
A superb two bedroom penthouse apartment built in recent years, with allocated parking, situated just over a mile north of Chichester City centre in Summersdale.
Summersdale Place is a private development consisting of 8 exclusive apartments, located approximately one mile north of Chichester City centre and all it has to offer in terms of convenience and culture.
The stunning green space of Oaklands Park and the renowned Chichester Festival Theatre are also close by.
The property is exceptionally presented to a high standard with high ceilings and a quality finish.
Upon entering, the entrance hall has a large storage cupboard and leads to a generously proportioned open plan kitchen/dining/sitting room, well equipped with a range of designer built in appliances.
There are two bedrooms, both of which have built in wardrobes, with the principal having an en suite with large walk in shower. There is also a Cloakroom.
The apartment is accessed via a secure communal hallway with a video entryphone system, with lift and stairs to all floors.
There are is one allocated off-road parking spaces for the apartment with car charging facilities, as well as further guest parking.
There is also a secure outside storage building with light and power.
The sought-after area of Summerdale is situated approximately one mile to the north of Chichester city centre within walking distance of local shops, schools and bus routes.
The historic Cathedral City of Chichester which provides a wide variety of cultural, leisure and shopping facilities, including the internationally renowned Festival Theatre, Pallant House Gallery and museums.
The nearby area hosts many sailing clubs and marinas provide exceptional facilities for boating and sailing enthusiast of all abilities.
West Wittering and East Head offer stunning beaches and a wide choice of recreational and water related sporting facilities.
The South Downs National Park can be found to the north of Chichester and provides miles of beautiful walks and rides.
Approximately 31⁄2 miles to the North lies Goodwood with its’ famous race course, golf courses and airfield and which is also home to the annual Festival of Speed and The Revival.
Chichester benefits from a main line rail service to London Victoria (approximately 90 minutes) and the A27 provides access across the Coast to Brighton to the East and Southampton to the West.
Agents Note: Upon acceptance of an offer, White & Brooks will complete an online identity check provided by Veriphy.
The cost of this check to the successful purchaser is £79 including VAT per purchase which will be payable in advance to White & Brooks Ltd.
This charge verifies your identity in line with our obligations as requested by hmrc and documents to prove your identity and address will be required.
EPC Rating: B Kitchen/Living Area (7.49m x 5.94m) Bedroom 1 (3.91m x 4.22m) Bedroom 2 (2.59m x 2.77m) Disclaimer Agent’s Note: We have not tested any equipment, fittings, or services and cannot confirm their working order.
Buyers should seek verification from their solicitor or surveyor. Items shown in photos may not be included in the sale.
Room measurements are approximate and should not be relied upon for ordering furniture, appliances, or flooring. These particulars are intended as a general guide only.
Please contact us to verify any important details, especially if travelling a long distance to view.
Any references to parking have not been checked and should be confirmed by the buyer’s legal representative.
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
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FAQ
About 8 Summersdale Place Lavant Road, Chichester
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