2-bedroom flat · PO19 7BG
For saleListed 353 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a central position in Church Square at the end of East Street, 12 Richmond House is a very well presented second floor apartment.
The apartment benefits from a spacious reception hall with utility room and bathroom. There are two good sized bedrooms with the principal bedroom having an en-suite shower room and balcony.
There is a well-appointed kitchen/breakfast room by Sylvarna with integrated Neff appliances and this is partially open to the dual aspect sitting room which also has a balcony with views over Eastgate Square.
Outside the property benefits from covered parking. Church Square can be found at the end of East Street and has immediate access to a number of restaurants in the square.
The city of Chichester is dominated by the 12th Century cathedral and offers a wide choice of recreational and social activities including multi-screen cinema complex, Westgate sports centre and the Pallant House Gallery as well as the Chichester Festival and Minerva Theatres.
Goodwood can be found approximately 4 miles to the north of Chichester and offers a private country club, golf course and hosts a number of events throughout the year including the Festival of Speed as well as the Revival and three day Members Meeting at its historic motor circuit.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Church Square, Chichester, West Sussex, PO19
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