3-bedroom house · PO18 0PR
To rentReduced £25 (−1.6%) on 10 OctListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crossmeads are delighted to present to the market this beautiful three bedroom, four storey town house, formerly an impressive mill which was converted in 1999 by Gleesons Homes, located on the north east outskirts of the city of Chichester en-route to Goodwood.
The property is wonderfully presented throughout with a recently installed fully fitted kitchen and walk-in wardrobe leading through to a refitted en-suite shower roon to the main bedroom on the top floor.
The house is approached by a door leading into a hallway with cloakroom and stairs to the first floor and a superb double aspect kitchen/dining room that has been recently updated with a range of wall and base units, composite stone worktops, integral dishwasher and washer/dryer, gas hob with extractor hood, built-in ovens and electric underfloor heating.
On the first floor landing there are further stairs to the second floor and double doors leading out onto a metal landing with stairs leading down to the parking area and a door to a wonderful `L` shaped double aspect sitting/dining room with Ted Todd engineered oak flooring.
On the second floor landing there is an airing cupboard housing the hot water tank, two double bedrooms and a fully wall-tiled bathroom with pedestal hand wash basin, WC and bath with shower attachment.
To the third floor there is a wonderful double aspect bedroom with beautiful views towards Kingley Vale from the rear, vaulted ceiling, mezzanine storage area accessed by a ladder, walk-in dressing room and a door leading through to a beautifully well-appointed en-suite shower room.
To the front of the property there is a useful communal area where a table and chairs can be placed to create a pleasant seating area and a pathway that runs along the front of the building, past an area for bin storage and round to the allocated parking.
There are two private car parking spaces with visitor parking for the development and various delightful communal gardens.
Upon accepted application a holding fee will be required; equal to 1 week`s rent.
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
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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 The Sadlers, Westhampnett
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