1-bedroom flat · PO20 7EJ
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Henry Adams Lettings is pleased to offer this beautifully presented one bedroom first floor apartment forming part of "The Salterns" development in Chichester marina.
Available to let unfurnished, accommodation briefly comprises communal entrance with stairs leading to first floor, entrance hallway into apartment, open plan kitchen/living room with integrated appliances, double bedroom with fitted wardrobe and a separate shower room.
The property includes one designated parking space and a visitors space allocation. EPC:C. Council tax band: C ***BROADBAND IS AVAILABLE TO PURCHASE SEPARATELY THROUGH MARINA WIFI = £55pcm)***.
***FRESH AND WASTEWATER RATES = £28 PER MONTH*** EPC:C.
Council tax band: C MATERIAL INFORMATION: Type of Property - First Floor Flat Construction - Block & Timber with Cladding & Pitched Roof Rooms - See Description & Floor Plan Utility Information - Mains Electricity Sewerage - Mains Heating - Electric Heaters Broadband - Optional Marina Wifi can be provided (charge applies) Mobile Reception - Multiple Networks Available (Information available from Ofcom) Parking - Parking for 2 cars Building Safety - N/A Restrictions - N/A Rights and Easements - N/A Flood Risk - Low Risk (please see government website for further details - check long term flood risk postcode search) Coastal Erosion - Property is located on the coastline (marina) Planning Permission or Proposal for development (Local authority postcode search) - Planning applications nearby please see local authority website for further information.
Property accessibility/adaptations - Stairs leading to first floor Coalfield or mining area - N/A Local Area One of the top places to live in the UK according to The Sunday Times (2013), Chichester has something for everyone.
Elegant Georgian architecture sits alongside striking contemporary homes and a fabulous range of restaurants and shops, both independent and high street names including John Lewis.
Good schools are naturally a major attraction for families.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 The Salterns, Chichester Marina, Chichester, PO20
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