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See how verdicts work1-bedroom flat · PO19 7EJ
No longer listedListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Our Comments Redecorated and prepared for sale in 2026 is this delightful 1 bed/studio apartment located just half a mile from Chichester City centre.
Ideal for a single occupier that works in Chichester or uses trains and buses, the accommodation comprises a main studio with kitchen, a comfortable bedroom area with very large fitted wardrobe and a shower room with quadrant shower, WC and vanity wash basin.
A fitted oven, hob and recycler are remaining and the incumbent chattels comprising washing machine, fridge, 2 seater sofa (new), table and chairs, plus a double bed with storage are all available should the purchaser wish to have them.
The property has a small, private courtyard area to the front. Lease Details The seller is the current Freeholder and will be creating a brand new 999 year lease ready for completion.
The Freehold will be transferred into a Residents Management Company and the leaseholder will be a member of that company.
Ground Rents will be set to 'peppercorn', and maintenance will be a 1 seventh contribution to the buildings expenses. Insurance contributions are approx £220 per annum.
Maintenance is yet to be formally set, but is expected to be in the region of £1200 per annum including the insurance premium.
Kitchen/Lounge - 3.92m x 3.58m (12'10" x 11'8") Bedroom area - 3.16m x 2.54m (10'4" x 8'4") Shower Room - 1.51m x 1.91m (4'11" x 6'3") Material Information Council Tax: Chichester District Council - Band A Property Type: Studio apartment Property Construction: Standard Electricity, Water, Drainage Supply: Mains Heating: Electric, underfloor Parking: On street, permit On 07/07/2026 information from the Ofcom Website shows: Broadband Availability Max Down Max Up Standard 16 mbps 1 mbps Superfast 76 mbps 20 mbps Ultrafast X Mobile Indoor Outdoor Voice Data Voice Data EE Good Good Good Good Three Variable Variable Good Good O2 Variable Variable Good Good Vodafone Variable Variable Good Good Anti Money Laundering Checks The Government requires estate agents to carry out Anti Money Laundering checks on all purchasers.
Before we can send out a Memorandum of Sale to liven your purchase, Clarkes must verify and hold evidence on file for each buyer of: Identity & Address, Source of Funding, and establish whether buyers are Sanctioned Individuals (SI) or Politically Exposed Persons (PEP).
This will be a check conducted by Coadjute, an independent third-party Company. The cost is £54 per person and is payable before a Memorandum of Sale is issued.
If you already have a copy of a PEP & SI check conducted by Verify (or a similar service) that is less than three months old, please let us know as we may be able to re-use it.
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.
Area
Agent & docs

FAQ
About Oving Road, Chichester, West Sussex, PO19 7EJ
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