2-bedroom flat · PO20 2DY
Sold STCListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious two bedroom, first floor apartment is in Tangmere, Chichester. Available on Shared Ownership resale you could buy with just a 5% deposit.
Featuring an open-plan living area with dual-aspect windows. The kitchen is fitted with an oven, hob and hood. There are two comfortable double bedrooms. The bathroom has a modern, white suite.
Tenure: Leasehold. Council tax band: B. Service charge is reviewed once a year. Please note that a local connection to Chichester is required.
This could mean living, working or having family living in the area.
Price breakdown Full market value: £225,000.00 Minimum share value: £135,000.00 based on a 60% share Minimum share deposit: £6,750.00 based on a 5% deposit Estimated monthly service charge: £96.08 (reviewed once a year) Estimated monthly rent: £235.81 Estimated monthly payments: £1,060.08
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 4 Fiske House, Hangar Drive, Chichester
Explore nearby
