2-bedroom bungalow · PO19 3JE
Listing removedReduced £25k (−10%) on 12 AugListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the beautiful Chichester area, this 2 bedroom semi detached chalet offers an exciting opportunity for investors or firstime buyers looking to make their mark.
This home is brimming with potential in one of the South Coast’s most desirable locations. Stepping through the front door, you are greeted by a welcoming hallway.
To the right sits the first bedroom, complete with builtin storage, offering flexibility for guests, children, or a home office.
To the left, the property opens into a spacious lounge/dining room, a bright and versatile area that invites endless possibilities for modern living, entertaining, or reconfiguration.
The modern kitchen, fitted with a double oven, provides a fresh, airy cooking space with plenty of natural light.
The ground floor also features a shower room, adding convenience and practicality to the layout.
One of the standout features of this home is its large garden, offering superb potential for landscaping, outdoor entertaining, or future extensions (subject to planning).
It’s a fantastic blank canvas for anyone wanting to create their ideal outdoor retreat. Upstairs, you’ll find a spacious second bedroom, along with an additional attic room currently used for storage.
With the right planning permissions, this space could be transformed into a third bedroom adding even more value and flexibility to the property.
This chalet is beaming with potential offering flexibility, and a superb Chichester location.
Whether you’re looking to invest, renovate, or take your first step onto the property ladder, this home presents a rare and exciting opportunity.
Book in to view today and see the possibilities for yourself.
Auctioneers Comments: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 2, Albert Road, West Sussex
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