1-bedroom flat · PO19 6SX
For saleReduced £5k (−4.3%) on 14 OctListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***No Onward Chain*** A one bedroom first floor apartment situated on Lennox Road, Chichester. The property is located by St Richards Hospital and close proximity to City Centre. Sold As Seen.
Offered for sale with no onward chain, this one-bedroom first-floor apartment on Lennox Road, Chichester, presents a fantastic opportunity for a purchaser looking for a renovation project.
Requiring refurbishment throughout, the property offers plenty of scope to create a home tailored to individual tastes and requirements.
The entrance hallway provides access to the kitchen, bathroom and living room. A large window allows natural light into the living room, which in turn leads through to the bedroom.
The kitchen is a good size and benefits from built-in storage, offering a useful starting point for those looking to redesign and modernise the space.
Outside, residents benefit from communal grounds, while permit parking is available in the area, with time restrictions applying to non-permit holders.
With its potential for improvement and the advantage of no onward chain, this apartment offers an exciting opportunity for someone to make their own.
Lennox Road is situated in the historic cathedral city of Chichester, which offers a varied selection of shops, cafés and restaurants, alongside cultural attractions including Chichester Festival Theatre and Pallant House Gallery.
The surrounding area provides opportunities to enjoy the South Downs National Park, Chichester Harbour and the West Sussex coastline, combining city amenities with countryside and coastal pursuits.
Additional information : Tenure : Leasehold Term Remaining : 125 Years Ground Rent : N/A Service Charge : £2148.43 per annum or £179.04pcm Broadband : Up To 5500mbps Mobile : Good Coverage - EE, Three, O2, Vodafone Property is Sold As Seen 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.
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 43, Lennox Road, Chichester
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