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See how verdicts work2-bedroom flat · PO19 6PN
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive two double bedroom character apartment offers a lovely blend of period charm and comfortable modern living, with well-proportioned and beautifully light accommodation arranged over a single floor.
The property enjoys a particularly pleasant small west facing balcony, allocated off-road parking and is offered for sale with no onward chain.
Situated in the popular Summersdale area, just north of Chichester city centre, the apartment is ideally placed for enjoying a wide range of local amenities.
These include a gp surgery, local store with post office and gym, while the historic city centre is also within easy reach.
The well-presented accommodation is approached via a welcoming entrance hall, providing access to two generous double bedrooms, both benefiting from useful built-in storage, together with a family bathroom and a practical boiler/utility room, which also houses the washing machine.
The spacious sitting room provides a comfortable and inviting place to relax, with an attractive fireplace adding a lovely focal point and a touch of character.
The kitchen/dining room is equally appealing, offering plenty of space for both cooking and dining, while a particularly attractive feature is the large bay window with cleaver seating, which draws natural light into the room and creates a wonderfully bright and airy space.
From the kitchen, doors open onto the small west facing balcony, providing a delightful outdoor extension to the living space and an ideal spot to sit and enjoy the afternoon and evening sunshine.
Outside, the property further benefits from one allocated off road parking space, with an additional visitor space and further un-restricted on-road visitor parking available nearby.
Services Mains water and drainage Gas central heating Tenure: Share of Freehold Lease:125 years from April 2002 Service charge: As and when EPC: Tbc Local Authority Chichester District Council Council Tax Band: B
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
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FAQ
About Flat Flat 2, Downcote, Summersdale Road, Chichester
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