2-bedroom flat · PO19 3NL
Sold STCListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FIRST FLOOR APARTMENT in the SOUGHT-AFTER PARKLANDS AREA close to CHICHESTER CITY CENTRE. Offering TWO DOUBLE BEDROOMS, VIEWS OVER THE GREEN and a PRIVATE GARDEN.
REQUIRES MODERNISATION with GREAT POTENTIAL. CHAIN FREE.
Offered for sale with NO ONWARD CHAIN, this well-appointed FIRST-FLOOR APARTMENT is situated within the highly regarded PARKLANDS area of CHICHESTER, conveniently positioned close to the CITY CENTRE and its many amenities including SHOPS, RESTAURANTS and CULTURAL ATTRACTIONS.
The property offers well-proportioned accommodation and would benefit from a degree of modernisation, presenting an excellent opportunity to personalise.
Accessed via a private front door with stairs rising to the first floor, the apartment provides a sense of privacy and independence.
The spacious SITTING/DINING ROOM is a generous space enjoying pleasant views across the green, while the KITCHEN is fitted with a range of units and work surfaces.
There are two DOUBLE BEDROOMS, together with a SHOWER ROOM. Outside, the property benefits from a SECLUDED REAR GARDEN; a valuable feature for an apartment.
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.
Area
Agent & docs
FAQ
About Gilbert Road, Chichester
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