How much is Needlemakers, Chichester?

Needlemakers, Chichester

2-bedroom flat

570 sq ft1 bath

Asking

£215,000

For saleListed 4 days

Chain FreeShare of FH

Investor metrics

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

Start free Log in

About

The property

Situated within the popular Needlemakers development in Chichester and offered with no onward chain, this well proportioned two bedroom, first floor apartment offers spacious accommodation, including a double aspect reception room, fitted kitchen, bathroom and generous entrance hallway.

Garage. Offered with no onward chain this well proportioned, two bedroom first floor apartment, conveniently situated within the popular Needlemakers development in Chichester.

The property benefits from a communal entrance hall shared with just one other apartment, leading to a spacious private entrance hallway which provides access to all principal rooms.

The accommodation comprises two good sized bedrooms, a double aspect reception room offering plenty of natural light, a fitted kitchen and a bathroom.

Further benefits include a recently installed boiler and new windows, along with the valuable addition of a garage located within a nearby block.

Offering generous accommodation and practical storage, this apartment would make an appealing purchase for first-time buyers, those looking to downsize or investors alike.

Situated in the historic cathedral city of Chichester, Needlemakers offers convenient access to a range of local amenities, including shops, cafés, restaurants and leisure facilities.

The city centre boasts a variety of independent retailers and well-known brands, alongside the renowned Chichester Cathedral and Festival Theatre.

Chichester railway station provides connections to surrounding towns and cities, while the nearby South Downs National Park and beautiful West Sussex coastline offer plenty of opportunities for outdoor pursuits and days out.

Additional Information : Tenure : Share of Freehold Lease: 999 lease granted in 2025 Annual Service Charge: £2850.61 Council Band : C EPC : C Broadband : Up To 5500mbps Mobile : Outstanding: EE, Three, Vodafone; Good: O2 Agents Note: Upon acceptance of an offer, Hancock and Partners will complete an online identity check.

The cost of this check is £24 including VAT per purchase.

This charge verifies your identity in accordance with hmrc requirements, and documentation confirming your identity and address will be required.

Chain Free

Share of FH

Key information

Price per Square Foot

£377/sq ft

Based on 570 sq ft (53 sq m)

Floor Area

570 sq ft (53 sq m)

Reception Rooms

Council Tax Band

Band C

Estimated ~£1600/year

Tenure

Share of freehold

Local Authority

Chichester District

District

County

West Sussex County

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

Loading rental comparables…

Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

Model

Run the numbers.

BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market4 days

4/25

—

Seller motivation

Not scored yet

Days on market4

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £215,00016-10-2026

Still activeDay 4 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.