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See how verdicts work2-bedroom flat · PO19 3HL
Sold STCReduced £35k (−15.9%) on 24 MayListed 227 days
Opportunity summary
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About
A well-presented two bedroom first-floor apartment with a share of the freehold, private entrance and allocated parking, forming part of the attractive Willow Court development on Fishbourne Road East.
Offered for sale with no onward chain, the property is within comfortable walking distance of Chichester city centre and the Tesco superstore on Fishbourne Road East.
The property benefits from its own private entrance, with stairs leading to the first-floor landing, which gives access to all rooms.
The living/dining room is a particularly good size and provides a bright and comfortable space for both relaxing and entertaining.
The kitchen is fitted with a range of base and wall units with space for appliances.
There are two bedrooms, with the principal bedroom providing a generous double room and the second bedroom offering flexibility as a guest room, study or home office.
A modern shower room completes the accommodation. Outside, the property benefits from an allocated parking space and forms part of a well-maintained development.
Further advantages include a share of freehold, a long lease understood to be approximately 964 years remaining (TBC), and a low service charge currently understood to be approximately £80 per month.
Willow Court is conveniently positioned on Fishbourne Road East, within comfortable walking distance of Chichester city centre, where a wide range of shops, restaurants and cultural attractions can be found, including the renowned Chichester Festival Theatre.
Chichester railway station provides services to London Victoria, Portsmouth and Brighton, while the nearby A27 offers convenient road links along the south coast.
The property would make an ideal first-time purchase, investment opportunity or downsizing move.
Material Information Tenure: Share of Freehold Lease Length: Approximately 964 years remaining (TBC) Service Charge: Approximately £80 per month (TBC) Ground Rent: None Council Tax Band: C Energy Performance Certificate: C Bedroom 1 Bedroom 2 Living/Dining Room Shower Room Kitchen
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.
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FAQ
About 2 bedroom First Floor Flat in Chichester
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