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See how verdicts work2-bedroom flat · PO19 8FD
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Canal side living with underground parking and just five minutes from the station.
A bright two-bedroom ground floor apartment, forming part of a popular purpose-built development and enjoying an attractive position overlooking the Chichester Canal Basin.
The property offers well-proportioned modern accommodation, together with a small private seating area and secure underground parking.
It is conveniently located just a five-minute walk from the mainline train station and bus station.
The apartment is approached via a communal entrance and opens into a welcoming hallway with doors leading to all principal rooms.
The impressive open-plan living space incorporates sitting, dining and kitchen areas, creating a bright and versatile room ideal for both everyday living and entertaining.
Double doors open directly onto a small private area, providing an excellent connection between the living space and outside.
The kitchen is fitted with a range of contemporary wall and base units with complementary work surfaces and integrated appliances, providing a stylish and practical space for cooking and dining.
The principal bedroom is a comfortable double room with the added benefit of a private en-suite shower room.
The second bedroom provides excellent flexibility and could equally be used as a guest bedroom, study or home office, with a separate modern bathroom serving the apartment.
Outside, the small patio area enjoys an attractive outlook over the canal basin and provides a pleasant space for outdoor seating and relaxation.
There is also access via a wrought iron gate to the public footpath around the canal.
The property also benefits from a secure underground allocated parking space, adding further convenience to this well-positioned apartment.
Tenure: Leasehold - 125 years granted 01/03/2001 Service Charge: £3,513.00 pa Ground Rent: £321 pa Chichester District Council - 26/27 Tax Band C £2,215.25 epc-b Directions - Proceed south along Market Avenue, on entering the one way system keep in the middle lane.
At the traffic lights bear left into Stockbridge Road (A286) and pass over the railway crossing. After the next set of traffic lights, turn left into John Rennie Road.
The apartment is in the third block on the left. What3words - buck.rushed.acid Location John Rennie Road is ideally placed within a short walk of the city centre and train station.
The canal has a footpath taking one down to the Chichester Marina. There are also extensive leisure facilities on the doorstep including a cinema and a gym with a pool.
The cathedral city of Chichester offers excellent high street shopping, many fashionable restaurants, cafes and bars, the Festival Theatre and a mainline station to London Victoria.
Goodwood is famous for its many event days including the world renowned Festival of Speed and Goodwood Revival for motor racing enthusiasts and a season of horse racing including the Qatar Goodwood Festival.
There are superb sailing facilities around Chichester Harbour and water sports from the beaches at West Wittering.
The area is a paradise for wildlife enthusiasts, with beautiful walks and cycle tracks over the South Downs and around the harbour.
Parking - Secure Gated Disclaimer Please note: Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 + VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
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
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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.
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FAQ
About 25 John Rennie Road, Chichester
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