2-bedroom house · PO18 8LG
Sold STCListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Recently renovated and occupying an excellent location in Penwarden Way, Bosham, this semi-detached home provides well-appointed accommodation with two reception rooms, two bedrooms, off road parking and a garden of good size.
*Potential to add dormer extension and ground floor extension subject to planning (plans available speak to agent) A semi-detached house, well presented with a number of excellent design choices including the use of attractive cast iron radiators to the ground floor, exposed floorboards to the first floor, and a cast iron feature fireplace in the dining/family room.
Upon entering the property, a reception hall guides you into the sitting room. This light space enjoys a dual aspect with a wide bay window.
The dining/family room is well proportioned and configured open plan leading through to the kitchen which is comprehensively fitted and complimented by an adjacent utility room/cloakroom.
Upstairs, the property offers two bedrooms of good size, serviced by a spacious upstairs bathroom. Attractive varnished floorboards compliment both bedrooms and the landing space.
Outside and to the front, the space is largely given over to a superb off road parking area which could accommodate up to three vehicles. This has mature flower and shrub borders.
The rear garden is a real asset and of excellent size, fully enclosed by fencing and hedgerows with raised flower beds and a social sun terrace.
A garden shed and additional outside store complete the exterior picture.
Note: The substantial loft space has sufficient height for prospective buyers to convert to provide further accommodation (Subject to Planning).
Penwarden Way is located on the edge of the hugely popular and picturesque sailing village of Bosham, associated with the sea since Roman times.
Today the quay provides a long established and thriving sailing club and launch access for small craft at most states of the tide.
Old Bosham has a fascinating history including the feature of the church within the Bayeux Tapestry.
The village also provides a primary school, popular public house overlooking the harbour, a further public house, restaurant, tea rooms, arts & crafts centre, village store, post office, medical centre and a railway station (acessing Portsmouth, London via Havant and Chichester).
Nearby Chichester has a number of cafes, restaurants, shops and cultural facilities to include the renowned Festival Theatre, Pallant House Gallery and Novium museum.
Other leisure facilities within the area include golf at either Goodwood or Hunston, blue flag beaches at West Wittering and the National Trust owned East Head, plus horse riding, cyling and walking on the South Downs.
Goodwood has a Hotel & Spa and hosts the annual Festival of Speed and Revival meetings, whilst the Racecourse and Motor Circuit have regular events throughout the year.
The mainline station in Chichester provides a regular service to London Victoria in about 1 hour 40 minutes, and Havant station to the west provides a faster service to London Waterloo in about 1 hour 20 minutes.
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 Penwarden Way, Bosham, Chichester, West Sussex, PO18
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