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See how verdicts work5-bedroom detached house · PO20 1EQ
Sold STCReduced £75k (−9.4%) on 26 OctListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb detached property, immaculately presented.
constructed to a contemporary design with a similarly appointed detached annexe building, complimented by an oak built two bay car barn and driveway parking.
A fascinating property proposition, providing spacious, thoughtfully realised 'turnkey' accommodation.
ground floor spacious reception hall | open plan kitchen/breakfast/dining/sitting room | utility room | guest bedroom | four piece en suite | cloakroom first floor principal bedroom suite with dressing area | en suite shower room | two further double bedrooms | family bathroom | versatile storage room annexe entrance porch | 19'7 x 18'2 versatile ground floor space currently purposed as a gym | kitchen | studio bedroom | en suite show room outside neatly finished extensive driveway parking | two bay oak car barn beneath a pitched slate tiled roof | private rear garden with pond, terrace and pergola | well maintained lawn Laurel House is a striking property of brick elevations beneath a slate tiled roof.
An attractive pitched oak porch welcomes you into the generous reception hall, and from here access is gained to the main living space.
This well proportioned open plan space is home to an impressive fitted kitchen, complimented by a an extensive island with breakfast seating.
There is space for a large dining table and chairs, whilst this superb family space provides also for an ample sitting room with a focal point fireplace that is home to a wood burner.
The ground floor also boasts a utility room and a cloakroom, whilst a dual aspect guest room with an four piece en suite.
Upstairs, and the principal bedroom is dual aspect with a dressing space and en suite. Two further double bedrooms are served by a family bathroom.
A further space, currently purposed as a store cupboard, could be converted to provide a further en suite is required.
The annexe, adjacent to Laurel House, is an impressive building in its own right, again built of brick elevations beneath a slate tiled roof.
The main ground floor space, currently purposed as an extensive gym, is potentially multi purpose. There is a fitted kitchen to the ground floor and upstairs a spacious studio room with en suite.
Approached by a five bar gate, Laurel House enjoys the benefit of an extensive area of parking and this gives access to a smart two bay car barn of oak design beneath a slate tiled roof.
The area to the front of the property is hedged with laurel for privacy and topiary 'dress' the property's front elevation.
The rear garden features a beautifully maintained lawn, with the whole enjoying privacy from laurel hedgerows and fencing.
A porcelain stone terrace wraps around the property and there is a pergola providing cover to a gorgeous circular brick and stone seating area set around an elevated firepit.
Whilst the gardens are not segregated, the annexe has garden adjacent to include an impressive fishpond.
Located just under three miles to the south of Chichester centre, which offers a broad range of shopping, cultural and leisure facilities including the renowned Festival Theatre, galleries, museums and restaurants.
Aside from sailing, leisure facilities within the area include golf at either Goodwood or Hunston, bathing from the beaches off West Wittering and the National Trust owned East Head, horse riding and walking around the harbour and on The Downs.
Horseracing may be enjoyed at nearby Fontwell (over the jumps) or Goodwood (on the flat). Goodwood also plays host to the annual Members, Festival of Speed, and Revival meetings.
Transport links are superb, with the A27 carrying you East to Arundel, Worthing and Brighton and West to Portsmouth and Southampton.
The mainline station in Chichester provides a regular service to London Victoria in about 1 hour 40 minutes, and Havant station to the west provides a faster service to London Waterloo in about 1 hour 20 minutes.
Agents Note: All viewings STRICTLY by appointment with the vendors sales agent.
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 Green Lane, Merston, Chichester, West Sussex, PO20
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