2-bedroom flat · PO19 1PD
For saleReduced £20k (−3.7%) on 24 MayListed 439 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*NO ONWARD CHAIN* A gorgeous second floor apartment, beautifully realised, with bright, spacious accommodation and contemporary features.
About the property Located in the heart of Chichester's historic Eastern quarter, The Forge is a superb development of six contemporary apartments, winning a Sussex Heritage Trust award in 2017.
Situated in East Row, just off Little London, this apartment has the city at its feet and is in close proximity to green space at Priory Park.
The Forge is accessed via a secure reception hall with entry code and intercom system. Stairs and lift access is available to the second floor.
Here Apartment 5 is to be found, off a spacious light landing.
The superb open plan living accommodation features a generous dual aspect sitting room space, a distinct dining area and a superb fitted kitchen.
The kitchen has a number of integral appliances, granite work tops and is equipped with a Siemens oven and induction hob.
An inner hallway accesses the bedroom accommodation, with the principal benefitting from built in wardrobes, a Cathedral view and an ensuite shower room.
Bedroom two also has built in wardrobe, a lovely view towards Priory Park and is served by a contemporary bathroom.
Location The property occupies a superb, central city position in highly regarded Little London, close to green space in the form of Priory Park.
Chichester offers a wide variety of cultural, leisure and shopping facilities, to include the renowned Chichester Festival Theatre, Ancient Cathedral, Summer Arts Festival, Pallant House Gallery, museums and restaurants.
Leisure pursuits within the area include sailing from centres around Chichester Harbour, horse riding and walking on foot and bridle paths on The South Downs and around the harbour, golf and tennis within the general area.
Horseracing may be enjoyed at Goodwood, which hosts also hosts the annual Festival of Speed and Revival meetings for motor enthusiasts.
A mainline railway station at Chichester offers services across the South Coast, London (Victoria), and Gatwick, whilst Havant (to the west) offers a faster service to London (Waterloo).
The A27 also provides good road links across the South Coast towards Brighton, Southampton, or to the A3.
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 East Row, Chichester, West Sussex, PO19
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