2-bedroom flat · PO19 8FA
Sold STCListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet modern development and within walking distance of Chichester City Centre, this two bedroom well presented first floor apartment is offered with no chain.
This well laid out apartment offers two double bedrooms, a dual aspect living/dining room, separate well equipped kitchen and modern bathroom.
Externally there is an allocated parking space and communal gardens that can be enjoyed throughout the year.
Lease: 108 years Service Charge: £1800 per annum Ground Rent: £250 per annum This spacious apartment would be ideal for a first time buyer or an investment property.
The property is currently rented with tenants that would consider staying.
The historic Cathedral City of Chichester provides various cultural, leisure, and shopping facilities, including the internationally renowned Festival Theatre, Pallant House Gallery, and museums.
The nearby area hosts many sailing clubs and marinas, providing exceptional facilities for boating and sailing enthusiasts.
West Wittering and East Head offer stunning beaches and a wide choice of recreational, and water-related sporting facilities.
The South Downs National Park can be found to the north of Chichester and provides miles of beautiful walks and rides.
Approximately 3½ miles to the North lies Goodwood with its’ famous racecourse, golf courses and airfield which is also home to the annual Festival of Speed and The Revival.
Chichester benefits from a mainline rail service to London Victoria (approximately 90 minutes) and the A27 provides access across the Coast to Brighton to the East and Southampton to the West.
Agent Notes- Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 + VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
Value & comps
No previous sales on record.
Returns
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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 Whyke Marsh, Chichester, West Sussex
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