2-bedroom flat · PO20 2NR
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright second floor apartment with south-west facing balcony, allocated parking and NHBC warranty.
An extremely bright and airy two bedroom second floor apartment, built by Bellway Homes in 2023 and benefitting from the remainder of the NHBC warranty.
Situated on this popular modern development, the property is approximately one and a half miles from the city centre and within a half a mile walk of Portfield Retail Park and Sainsbury’s supermarket.
The development offers a range of amenities including attractive lakeside walks, a children’s play park, recreation area, chemist and community clubhouse.
The apartment is approached via a communal entrance with security entry phone system and stairs to all floors. The entrance hall has two useful large storage cupboards.
The particularly attractive dual aspect open-plan sitting room and kitchen enjoys a sunny aspect.
The well-appointed kitchen is fitted with a range of modern units and includes an integrated electric oven, induction hob, cooker hood, fridge freezer, washing machine and dishwasher.
The sitting room features a full-height picture window and glazed door opening onto a south-west facing balcony.
There are two well-proportioned bedrooms and a modern bathroom fitted with a bath and separate shower over. Further benefits include gas central heating via radiators and an allocated parking space.
Lease: 999 years from 01/08/3021 Service Charge: TBC Ground Rent: N/A Chichester District Council - 26/27 Tax Band C £2,174.17 EPC-B Directions - Proceed north east out of Chichester along A285 (St Pancras) On reaching the roundabout with the A27, take the third exit (A27 westbound) keeping in the left hand slip road and turn into Western Road.
At the end turn right into Longacres Way and at the end turn right into Shopwhyke Road. Take the first turning on the right into Limestone Road and the apartment block is towards the end on the right.
What3words - ended.stacks.gallons EPC Rating: B Parking - Allocated parking 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
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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 Limestone Road, Wilding House Limestone Road, PO20
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