2-bedroom bungalow · PO20 8HY
Sold STCReduced £60k (−14.1%) on 21 JunListed 298 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached bungalow offers a well planned single level layout and presents a good opportunity for buyers looking to update and personalise a home to their own taste.
The accommodation comprises two well proportioned bedrooms, a bathroom fitted with both a walk in shower and separate bath, and three reception rooms providing flexible space for living, dining and entertaining.
A paved driveway provides ample off road parking for multiple vehicles and leads to a garage, and the property further benefits from a boiler installed approximately two years ago.
Inside, the living room is a good sized space with a front facing window, wooden flooring and a fireplace, forming a comfortable main living area.
The kitchen is fitted with a range of white units, integrated appliances and tiled flooring.
Towards the rear of the property, a separate dining area provides access via sliding doors to the conservatory, creating an additional reception space with views over and access to the garden.
Together, these rooms offer adaptable living accommodation to suit a range of needs. Both bedrooms are of a comfortable size and are well suited to a variety of layouts.
The rear garden is private and enclosed, with established planting and two patio areas suitable for seating and outdoor use.
With its south facing orientation, the garden enjoys plenty of sunlight and a good level of privacy.
EPC Rating: C Garage (2.63m x 3.40m) Kitchen (2.98m x 3.99m) Sitting Room (3.64m x 4.41m) Dining Room (3.26m x 3.35m) Conservatory (2.89m x 3.80m) Bedroom 1 (3.24m x 3.29m) Bedroom 2 (2.70m x 3.25m)
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
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FAQ
About 10 Elm Close, Chichester
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