3-bedroom house · PO20 7QE
For saleReduced £37.5k (−5.1%) on 3 SepListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning 17th Century Grade II Listed English thatched country cottage occupying a private and secluded south west aspect plot some 4 miles to the south of Chichester in Sidlesham Common.
The cottage has immense character with two inglenook fireplaces and has exposed beams and joinery, the majority of which provide good head height.
The sitting room, double bedroom and en-suite form part of a later extension, with a stable-door leading straight to the south/west aspect cottage garden.
The Cottage has a range of outbuildings including a summer house/annex, double garage and office/studio space which a perspective purchaser may wish to repurpose.
The cottage benefits from a newly re-thatched ridge and has been maintained by the same thatching family for 35 years.
The garden is a particularly desirable feature with the plot stretching to 0.28 acres, surrounded by private farmland views to the south and west.
Chichester city centre offers an excellent range of independent shops as well as national chains, and many bars and restaurants.
The renowned Festival Theatre and Pallant House Gallery are also in the city together with sports facilities, a leisure centre with swimming pool and a mainline station with services along the coast and to London Gatwick Airport and London Victoria.
The cottage is a short distance from Chichester Harbour with sailing clubs at Chichester Marina, Itchenor and Birdham Pool. The renowned sandy beach at West Wittering is also a short drive away.
Plenty of walking, cycling and horse riding opportunities nearby.
To the north lies the South Downs National Park, the Goodwood Estate, including two golf courses, country club, the internationally renowned Goodwood motor racing circuit and the Glorious Goodwood Race course.
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
Agent & docs
FAQ
About Thatched Cottage,, Lockgate Road, Chichester
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