2-bedroom flat · PO19 1DL
To rentListed 1 day
Opportunity summary
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About
A modern bedroom apartment, with the benefit of a magnificent south west facing terrace, located in a tucked away position, just moments from the city centre became available to rent on long term basis Accessed via a communal entrance this newly converted apartment is arranged over one level and offers two good sized bedrooms, a family bathroom and an L-shaped open plan kitchen/dining/reception room which offers an abundance of light.
Outside space comes in the form of a south west facing terrace which offers a spectacular view of the Cathedral.
There is no parking with the property, however a permit can be purchased through Chichester District Council for various car parks in the city centre.
SITUATION The apartment is located within the heart of Chichester some 3 minutes walk from The Cross.
Historic Chichester is home to some of the country's finest sights, landscapes and leisure pursuits.
The internationally known Festival Theatre, Priory Park with its' historic cricket ground and Pallant House Gallery are just a few examples of the nearby facilities.
There are excellent schools in the area. In the private sector are Prebendal, Oakwood, Great Ballard, Lavant House, Westbourne House School, Portsmouth Grammar and Bedales.
Secondary schools in the public sector in Chichester are Bishop Luffa Church of England and the Girls and Boys High Schools.
Chichester is unique in having both a College of Further Education and a University.
There are also good yachting facilities at Chichester Marina, Birdham Pool and at Itchenor, home to the Chichester Harbour Conservancy and the Itchenor Sailing Club.
The Salterns Way footpath and cycle route is a 12 mile path running from Chichester via Fishbourne to Birdham, Itchenor and on to the lovely sandy Blue Flag beach at West Wittering.
At Chichester it connects with the Centurion Way to provide access to the South Downs National Park.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Chapel Street, Chichester, West Sussex, PO19
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