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See how verdicts work3-bedroom house · PO19 8XH
For saleReduced £30k (−5.7%) on 26 AugListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a semi rural location at the end of a small lane, just 1 mile from the city centre, is this extended semi detached house with extensive outbuildings (with annexe potential) and a generous plot.
The main part of the house boasts 3 bedrooms and family bathroom to the first floor, a kitchen breakfast room, dining room, living room, utility room, boot room and downstairs WC to the ground floor.
2 Further reception spaces (a study and a garden room) can be found at the end of the outbuildings.
The remaining multizone outbuilding and garage, offers an incredible variety of uses with the main section benefitting from insulation, under floor heating and air conditioning.
The other zones are currently used as workshops and shed storage.
The plot measures approximately 0.2 of an acre and boasts ample parking for multiple vehicles to the front and a generous well secluded south easterly aspect rear garden.
An internal viewing is essential to appreciate all the property has to offer.
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
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FAQ
About 2 Eastern Cottage, Watery Lane, Chichester
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