2-bedroom flat · PO19 7BQ
Sold STCListed 372 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A SPACIOUS and WELL PRESENTED 2 BEDROOM, 2 BATHROOM GROUND FLOOR APARTMENT with UNDERFLOOR HEATING and ALLOCATED PARKING.
This MODERN PURPOSE BUILT property features an OPEN PLAN LIVING AREA, COMMUNAL ENTRANCE with entry phone system, and a PRIVATE SMALL TERRACE offering a pleasant outdoor seating space.
This spacious and contemporary ground floor apartment forms part of a well designed purpose built development, conveniently located for access to local amenities and transport links.
The property is presented in excellent order throughout and offers comfortable, low maintenance living with the benefit of underfloor heating and a private outdoor terrace.
The apartment is approached via a secure communal hallway with an entry phone system, providing both privacy and convenience.
The front door opens into a welcoming entrance hall with storage cupboards and access to all rooms.
The open plan sitting/dining room provides a bright and versatile living space, with doors opening to a small private terrace – an ideal spot for morning coffee or evening relaxation.
The kitchen area is fitted with a modern range of units, complemented by integrated appliances and ample worktop space.
There are two well proportioned bedrooms, including a principal bedroom with an en suite shower room. A further family bathroom serves the second bedroom and guests.
Throughout, the apartment benefits from underfloor heating, double glazing and neutral décor, ensuring a comfortable and contemporary feel.
Outside, there is an allocated parking space for one car along with visitors’ parking nearby.
This property would make an excellent home for professionals, downsizers, or investors seeking a modern apartment with easy access to the city centre and local facilities.
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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About Flat 4 Tees House, Chichester
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