3-bedroom flat · PO19 1SE
For saleListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In a highly sought after location within yards of the city centre and Bishops Palace Gardens. A spacious south facing first floor apartment with 30 ft long balcony, garage and parking.
Located in this highly sought after development within yards of the city walls and Bishops Palace Gardens, a spacious south facing first floor apartment which offers excellent accommodation.
This includes a spacious reception hall, split level sitting/dining room with the sitting room having direct access onto a 30 ft long balcony with southerly views over the communal grounds.
The kitchen is fitted with a range of wall and floor mounted units together with fitted and integrated appliances.
Three well-proportioned bedrooms include a principal bedroom suite with its own en-suite bathroom.
A second bathroom serves the remaining bedrooms, one of which is often used as an additional reception room or study.
Tollhouse Close is surrounded by its communal grounds, set well back from Avenue de Chartres with a long driveway leading through well-tended lawns to the two individual apartment buildings.
Each apartment has its own garage and additional parking space which can accommodate up to two further cars.
Tollhouse Close has always proved particularly popular because of its convenient location and the spacious nature of its apartments.
The city of Chichester, dominated by its 12th Century cathedral offers a comprehensive choice of recreational and social activities including a multi-screen cinema complex, Westgate Sports Centre, Pallant House Gallery and the internationally famous Chichester Festival Theatre which can be found within 3/4 of a mile of the apartment.
Other recreational activities in the area include the Goodwood Festival of Speed and September Revival meeting at its historic motor circuit.
Goodwood also provides a full horse racing calendar and has its own private country club and golf course.
This area of the south coast is extremely popular with sailors with sailing clubs at Chichester Harbour, Itchenor and Chichester Marina at Birdham.
The well-known sandy beaches of the National Trust Reserve at East Head can be found some eight miles to the south at West Wittering.
** Please note that some of the images where taken approximately 18 months ago when the property was occupied.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Tollhouse Close, Chichester, West Sussex, PO19
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