2-bedroom flat · PO19 3EY
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented 2 BEDROOM GROUND FLOOR FLAT set in a superb location, just minutes from the city centre. The property has its own GARAGE and is in excellent decorative order throughout.
This ground floor apartment is situated in an enviable position within this exclusive development, as it fronts on to Westgate.
It is approached via a wrought iron gate from Westgate and the accommodation is both generous and well proportioned.
This consists of an entrance hall, sitting room, kitchen, separate utility room, two double bedrooms, an en - suite shower room and a bathroom.
There is a delightful outlook over the development to the front and also from the rear, over the communal garden towards the flint wall.
The apartment has the benefit of a garage and there is also visitor's parking.
This fine property forms part of a prestigious and secure development and is perfect for discerning purchasers who require a property of the highest quality within a few hundred metres of West Street.
Location - Chichester has a fine array of shops, restaurants and public houses, as well as cultural amenities including the Festival Theatre and Pallant House.
There is a mainline station to London Victoria and sporting activities in the area include golf and racing at Goodwood and sailing at Chichester Harbour.
Disclaimer - As the seller's agent we are not surveyors or conveyancing experts and as such we cannot and do not comment on the condition of the property or issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
Directions - From the cathedral in West Street, Chichester, proceed west and straight over the roundabout into Westgate. After a short distance you will see Tannery Close on the left hand side.
Lease Details - We understand that the property is leasehold, but that the residents have a share in the freehold. We are awaiting confirmation of the length of lease and also the service charge.
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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About Tannery Close, Chichester
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