3 Bed Semi-Detached House, Refurb/BRRR, Petworth, GU28 9EH, £595,000

Northchapel, Petworth, GU28 9EH - a year ago

Refurb/BRRR

ROI: 2%

~102 m²

+25 photos

ValuationOvervalued

Sold Prices	£300K - £560K
Sold Prices/m²	£2.8K/m² - £4.6K/m²

Square Metres	~102.30 m²
Price/m²	£5.8K/m²
Value Estimate	£440,677£440,677

End Value (After Refurb)	£475,850£475,850

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£148,750£148,750
Stamp Duty & Legal Fees	£48,200£48,200
Refurb Costs	£48,213£48,213
Bridging Loan Interest	£15,619£15,619
Total Cash In	£262,531£262,531

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£475,850£475,850
Mortgage (After Refinance)	£356,888£356,888
Mortgage LTV	75%75%
Cash Left In	£262,531£262,531
Equity	£118,963£118,963
Rent Range	£1,375 - £4,500£1,375 - £4,500
Rent Estimate	£2,538
Running Costs/mo	£2,015£2,015
Cashflow/mo	£523£523
Cashflow/yr	£6,280£6,280
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

9 sold prices from £300K to £560K, average is £384.2K. £2.8K/m² to £4.6K/m², average is £4.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£345K	05/21	0.33 mi	29, Valentines Lea, Northchapel, Petworth, West Sussex GU28 9HY	£4,107	84	3	Semi-Detached House
£384.2K	12/22	0.34 mi	42, Valentines Lea, Northchapel, Petworth, West Sussex GU28 9HY	-	-	3	Terraced House
£350K	01/23	0.34 mi	37, Valentines Lea, Northchapel, Petworth, West Sussex GU28 9HY	£4,167	84	3	Terraced House
£300K	04/21	0.34 mi	23, Valentines Lea, Northchapel, Petworth, West Sussex GU28 9HY	£4,615	65	3	Semi-Detached House
£463K	11/20	0.44 mi	Pipers House, Pipers Lane, Northchapel, Petworth, West Sussex GU28 9HT	£2,823	164	3	Semi-Detached House
£450K	02/22	0.59 mi	18, Luffs Meadow, Northchapel, Petworth, West Sussex GU28 9HN	-	-	3	Terraced House
£315K	06/21	0.59 mi	3, Luffs Meadow, Northchapel, Petworth, West Sussex GU28 9HN	£3,663	86	3	Terraced House
£560K	12/20	0.6 mi	Brook Cottage, Fisher Street, Northchapel, Petworth, West Sussex GU28 9EJ	£4,308	130	3	Semi-Detached House
£465K	06/22	0.64 mi	7, Luffs Meadow, Northchapel, Petworth, West Sussex GU28 9HN	-	-	3	Semi-Detached House

Local Rents

6 rents from £1.4K/mo to £4.5K/mo, average is £2.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,375	03/25	0.34 mi	-	2	Bungalow
£4,500	04/24	0.98 mi	Jobsons Lane, Lurgashall	4	Detached House
£2,500	04/24	1.63 mi	Gospel Green, Chiddingfold/Haslemere, Surrey	4	Flat
£2,500	04/24	1.63 mi	Haslemere, Chiddingfold, Surrey, GU27	4	Detached House
£2,100	12/24	1.71 mi	Gostrode Lane, Chiddingfold	3	Flat
£2,250	10/24	2.1 mi	-	2	Semi-Detached House

Local Area Statistics

Population in GU28	6,7556,755
Population in Petworth	6,7586,758
Town centre distance	4.30 miles away4.30 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	3.70 miles away3.70 miles away

Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+19%+19%

Property History

Price changed to £595,000

February 28, 2025

Price changed to £600,000

September 25, 2024

Listed for £650,000

May 29, 2024

Floor Plans

Description

Nestled in the picturesque village of Northchapel, this charming 3-bedroom semi-detached house presents an exceptional opportunity for those seeking a project to make their own mark.

This property offers abundant potential for modernization and expansion, making it an ideal canvas for renovation enthusiasts. With three bedrooms providing ample space for family living, there's room to envision your dream home and bring it to life.

One of the standout features of this property is its expansive wrap-around garden which offers in excess of 2 acres in total. This leads the way along the treeline and seamlessly opening to a small clearing within woodland, providing a picturesque backdrop.

Whether you're looking to create your perfect family home or seeking an investment opportunity, this property invites you to unlock its full potential.

Agent Details

Seymours Estate Agents, Haslemere

01428 787878

Next Steps?

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