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See how verdicts work2-bedroom flat · PO19 8GU
For saleListed 1341 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***INVESTORS ONLY*** FABULOUS NEWLY CONVERTED TOP FLOOR APARTMENT WITH VAST ACCOMMODATION....the apartment has been very well fitted with stylish units, and the OPEN PLAN KITCHEN is a real feature.
Early viewing is essential to fully appreciate the SPACE and STYLE of this super flat. The property has unusually good space, which is really well presented.
There is a very pleasant aspect to the rear, with the large windows affording lots of light. The entrance hall has a security phone system and the hall itself is also spacious.
The bedrooms are both very generous double rooms and there is a stylish fitted bathroom. The kitchen/breakfast room is open plan with the sitting room and has a modern, contemporary feel.
It is comprehensively fitted with a dish washer, washing machine, fridge/freezer, hob and oven. there is space for a small dining table.
The apartments are served by both a lift and staircase and there is access to the building via both the front and back.
Chichester offers a good selections of shops and restaurants, which are within a few hundred yards. The Westgate Leisure Centre is within a short walk and the train and bus stations are also nearby.
Directions - The apartment block is situated right opposite our office at the bottom of South Street and just to the north of the train station.
Disclaimer - As the seller's agent we are not surveyors or conveyancing experts and as such we cannot and do not comment on the condition of the property or issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. Lease Details - Tenure - Leasehold. 125 year lease from 2020.
Service Charge - Approximately £1021.48 per annum. Ground Rent £250 per annum.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Southgate, Chichester
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