3-bedroom flat · PO19 5QZ
Listing removedReduced £30k (−9.2%) on 2 MarListed 655 days
Opportunity summary
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About
Tenure: Leasehold Located on a quiet residential road in the highly sought-after Summersdale area, 29 Tudor Close is a spacious three-bedroom first-floor apartment within a popular development, offering 1,011 sq.
Ft.
Of accommodation which comprises: Entrance hall, large open-plan kitchen/living area featuring a roof light and a large picture window with views over the communal gardens, well-equipped kitchen, double bedroom with ensuite bathroom, two further double bedrooms (one currently utilised as a home office) and a family bathroom.
Outside, the property sits in well maintained communal gardens and has a garage (in a separate compound) and allocated parking with additional visitor parking available.
Services: Mains electricity, gas, water, and drainage Tenure: Leasehold, 125-year lease from 1st April 2000 Maintenance Charges: £2,030.49 per annum.
Local Authority: Chichester District Council Council Tax Band: Band E Energy Rating: Band C EPC Rating: C Location 29 Tudor Close is situated in the sought-after leafy residential suburb of Summersdale within walking distance of Chichester city centre and the bustling mainly pedestrianised shopping precinct.
It is also within easy reach of Summersdales local Co-op convenience store, a One Stop convenience store with Post Office, Lavant Road Doctors’ Surgery, and the popular Centurion Way cycle route which leads from the western side of the city northwards through Summersdale and onto to the villages of Lavant and West Dean.
Nearby bus stops provide regular bus services to Chichester and Midhurst, whilst the A27 just south of the city centre links with the A3(M) to the west providing a route north to the M25.
Chichester train station, only about 2 miles to the south of the property, provides services along the coast to Portsmouth and Brighton, and to London Victoria.
The cathedral city of Chichester offers excellent high-street shopping, many fashionable restaurants, cafes, bars, a leisure centre with swimming pool, sports clubs, cinemas, and is home to the Pallant House Gallery and the renowned Festival Theatre.
Located close to Chichester is the Goodwood Estate, which is famous for its many sporting event days and to the southwest of the city is Chichester Harbour, along with Chichester Marina and Birdham Pool, the harbour being home to several popular sailing clubs.
Also, to the southwest, about 11 miles, is the sandy beach at West Wittering and the National Trusts East Head sand dune spit at the stunning entrance to Chichester Harbour.
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.
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