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See how verdicts work3-bedroom bungalow · PO20 7AU
Listing removedListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penmayne Cottage is a very well presented single storey property that offers good accommodation located in a tranquil setting within half a mile of Birdham Pool.
The property is approached via a long driveway leading to an area of off-road parking and double garage.
The property benefits from three reception rooms including a superb vaulted sitting room with exposed oak beams. This room provides access out onto the garden, and a reception room.
There is also a separate dining room again providing access out onto the rear gardens.
Penmayne Cottage has three good size bedrooms, the principal bedroom having excellent views over the rear garden and a recently modernised en-suite shower room.
There is also a separate shower/cloakroom. Outside the rear garden offers a lovely backdrop to the property as well as a good deal of privacy.
The garden is predominantly laid to lawn with entertaining terraces and enclosed by mature and high hedging. Martins Lane lies approximately half a mile from Chichester Marina.
The village of Birdham provides a parish church, primary school and shop all within a convenient travelling distance of the south coasts best sailing and coastal facilities.
The nearby waters of The Solent are particularly popular with sailors and the area has a wide choice of sailing clubs and marinas.
The blue flag beaches and National Trust Reserve at East Head can be found approximately 4 miles to the south.
The cathedral city of Chichester lies some 5 miles to the north and within its pedestrianised centre provides a comprehensive range of shops, bars and restaurants.
The arts are well catered for as Chichester is home to the internationally known Festival and Minerva Theatres.
The Goodwood Estate can be found approximately 7 miles to the north and has its own private country club and also hosts numerous events throughout the year including the Festival of Speed and the Revival and 2 day Members Meeting at its historic motor circuit.
The rich countryside of the South Downs provides exceptional opportunities for walking, horse riding and mountain biking.
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
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FAQ
About Penmayne Cottage,, Martins Lane, Chichester
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