2-bedroom flat · PO20 2BE
Sold STCListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and modern apartment in village location. This smartly presented first-floor apartment offers bright, modern living within a small purpose-built block of just six homes.
Perfectly positioned in a sought-after village location, it enjoys an attractive outlook over a central greensward, creating a peaceful and welcoming setting.
A secure entry phone system opens into the communal hall with stairs to all floors. Inside, the apartment features a generous entrance hall leading through to a sunny dual aspect living space.
The kitchen is fitted with integrated appliances, an electric oven, gas hob and cooker hood, along with a comprehensive range of cupboards with space and plumbing for a washing machine, making it both stylish and practical for everyday living and entertaining.
The adjoining sitting area provides a spacious and relaxing place to unwind. The property offers two good-sized bedrooms and a modern bathroom complete with a shower over the bath.
Additional benefits include an allocated parking space and access to a shared bike shed, enhancing both convenience and lifestyle.
With its bright interiors, contemporary finish, and prime village setting, this home is an ideal choice for those seeking a stylish, low-maintenance place to live.
Lease; 125 years from 5th December 2016 Ground rent: N/A Shared Ownership: 45% Rental: £329.67 pm Service charge £1492.56 for 2026 Chichester District Council - 26/27 Tax Band B £1,926.50 epc-b Directions - From Chichester proceed east on the A27.
At the Tangmere/Boxgrove roundabout take the third exit into Meadow Way (signposted Tangmere). Take the forth turning on the left into Hangar Drive.
Proceeding into Hangar Drive with the greensward on your right, the apartment block is on the left.
What3words - marching.deeply.duties EPC Rating: B Location Tangmere has a Co-op convenience store, village hall, medical centre, primary school and church.
Three miles to the west lies the cathedral city of Chichester which offers excellent high street shopping, many fashionable restaurants, cafes and bars, the Festival Theatre and a mainline station to London Victoria.
Nearby Goodwood is famous for its many event days including the world renowned Festival of Speed and Goodwood Revival for motor racing enthusiasts and a season of horse racing including the Qatar Goodwood Festival.
There are superb sailing facilities around Chichester Harbour and water sports from the beaches at West Wittering.
The area is a paradise for wildlife enthusiasts, with beautiful walks and cycle tracks over the South Downs and around the harbour. Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 3 Typhoon House Hangar Drive, Tangmere, Chichester
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