2-bedroom flat · PO19 6FS
Sold STCListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Two Bedroom Flat | No Onward Chain | Guide Price £200,000 A two-bedroom ground-floor flat offered with no onward chain, ideally located within walking distance of Chichester city centre and St Richard¿s Hospital.
The property requires modernisation but offers a great opportunity for a buyer to update and add value.
The accommodation includes a spacious sitting/dining room, a separate kitchen, two bedrooms and a bathroom.
The flat has been well maintained over the years, but would now benefit from an update throughout, making it ideal for someone looking to put their own stamp on a property.
Further benefits include an allocated parking space and a useful brick-built external storage cupboard.
The location is particularly convenient, with easy access to the city centre, local amenities and the hospital, making it suitable for first-time buyers, investors or downsizers.
Chichester offers a wide range of shops, restaurants and leisure facilities, along with good transport links, including the train station and access to the A27.
Outside, the property benefits from an allocated parking space and a brick-built external storage cupboard. Early viewing is recommended. Bedroom 1 Bedroom 2 Reception 1 Bathroom Kitchen
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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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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FAQ
About 2 bedroom Ground Floor Flat in Chichester
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