2 Bed Terraced House, Single Let, Chichester, PO18 8HY, £525,000

Bosham Lane, Bosham, Chichester, PO18 8HY - 9 months ago

Sold STC
BTL
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£230K - £890K
Sold Prices/m²£3.1K/m² - £9.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.7K/m²

Value Estimate

£333,981

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£34,700

Total Cash In

£165,950

 

 

Cash Out

 

Rent Range

£750 - £6,950

Rent Estimate

£1,000

Running Costs/mo

£1,861

Cashflow/mo

£-861

Cashflow/yr

£-10,327

Gross Yield

2%

Local Sold Prices

32 sold prices from £230K to £890K, average is £373.5K. £3.1K/m² to £9.4K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£295K04/210.31 mi37, Critchfield Road, Bosham, Chichester, West Sussex PO18 8HH2
£695K08/210.39 mi18, Marcuse Fields, Bosham, Chichester, West Sussex PO18 8NA2
£601.6K09/210.4 mi1, Fairfield Close, Bosham, Chichester, West Sussex PO18 8JQ2
£286K04/210.42 mi7, Leander Road, Bosham, Chichester, West Sussex PO18 8QS2
£542K12/230.48 miAsh Cottage, Walton Lane, Bosham, Chichester, West Sussex PO18 8QF2
£620K08/230.71 miWade Way Cottage, Chidham Lane, Chidham, Chichester, West Sussex PO18 8TF2
£355K01/210.92 mi16, Penwarden Way, Bosham, Chichester, West Sussex PO18 8LG2
£245K02/210.97 miMallard Cottage, Old Bridge Road, Bosham, Chichester, West Sussex PO18 8PG2
£310K01/210.97 mi11, North Road, Bosham, Chichester, West Sussex PO18 8NL2
£295K02/210.97 mi7, Gifford Road, Bosham, Chichester, West Sussex PO18 8LD2
£285K02/210.97 mi22, Gifford Road, Bosham, Chichester, West Sussex PO18 8LD2
£330K01/231.02 mi26, Williams Road, Bosham, Chichester, West Sussex PO18 8JS2
£455K06/211.18 miStable Barn, Cot Lane, Chidham, Chichester, West Sussex PO18 8SX2
£890K06/211.23 miLittle Dolphin, Smugglers Lane, Bosham, Chichester, West Sussex PO18 8QP2
£360K12/201.3 miIvy Bank, Main Road, Chidham, Chichester, West Sussex PO18 8TP2
£420K10/201.46 miCopse Cottage, 17, Maybush Drive, Chidham, Chichester, West Sussex PO18 8SR2
£387K05/211.46 mi11, Maybush Drive, Chidham, Chichester, West Sussex PO18 8SR2
£537.5K01/231.5 mi24, Maybush Drive, Chidham, Chichester, West Sussex PO18 8SS2
£472.5K10/201.5 mi24, Maybush Drive, Chidham, Chichester, West Sussex PO18 8SS2
£415K05/231.5 mi54, Maybush Drive, Chidham, Chichester, West Sussex PO18 8SS2
£424.9K08/231.55 miSweetpea Cottage, Main Road, Nutbourne, Chichester, West Sussex PO18 8RR2
£350K10/201.62 miTeglease, Broad Road, Nutbourne, Chichester, West Sussex PO18 8SH2
£390K09/231.67 miApril Cottage, Main Road, Fishbourne, Chichester, West Sussex PO18 8BD2
£240K02/231.73 mi15, Kiln Drive, Hambrook, Chichester, West Sussex PO18 8EE2
£308.5K08/231.85 mi1, Hazel Copse, Hambrook, Chichester, West Sussex PO18 8EQ2
£230K03/231.9 mi34, Nutbourne Park, Nutbourne, Chichester, West Sussex PO18 8RU2
£260K06/211.91 mi43, The Avenue, Hambrook, Chichester, West Sussex PO18 8TZ2
£308.8K05/231.91 mi61, The Avenue, Hambrook, Chichester, West Sussex PO18 8TZ2
£325K02/231.91 mi26, Pynham Crescent, Hambrook, Chichester, West Sussex PO18 8FQ2
£480K12/221.95 mi6, Barker Close, Chichester, West Sussex PO18 8BJ2
£430K07/221.95 miChale, Main Road, Nutbourne, Chichester, West Sussex PO18 8RL2
£400K05/211.96 mi1, Bethwines Close, Chichester, West Sussex PO18 8BP2

Local Rents

50 rents from £750/mo to £7K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.02 miHigh Street, Bosham PO182
£1,40012/240.04 miBosham Lane, PO18 8HX2
£1,68006/240.04 miBosham Lane, Bosham2
£3,25006/240.33 miBosham Lane, Bosham, Chichester5
£1,65007/240.51 miTaylors Lane,Bosham, PO18 8QG2
£1,20006/240.95 miGifford Road, Bosham2
£2,60006/240.95 miPenwarden Way, Bosham, West Sussex, PO185
£1,40006/240.96 miMain Road, Bosham, Chichester, PO183
£1,40006/240.97 miMain Road, Chichester2
£75007/240.97 miMain Road, Chichester1
£5,00007/240.98 miStation Road, Bosham, Chichester, West Sussex, PO184
£5,00007/240.98 miStation Road, Bosham, Chichester, West Sussex, PO184
£1,05012/240.99 miBroadbridge Mill, Old Bridge Road, Chichester, PO182
£1,95006/241 miStanbury Close Bosham PO185
£2,00006/241 miStanbury Close Bosham PO185
£1,75006/241.01 miWilliams Road, Bosham, Chichester, PO182
£1,50012/241.01 miWilliams Road, Bosham, Chichester, PO182
£1,55006/241.05 miWilliams Road, Chichester3
£4,50012/241.07 miMain Road, Bosham, Chichester5
£1,74007/241.07 miBrook Cottage, Cutmill View3
£2,50006/241.09 miHoe Lane, Bosham3
£4,50012/241.13 miMain Road Chichester PO185
£2,25007/241.25 miMudberry Lane, Bosham, Chichester3
£2,19507/241.25 miMudberry Lane, Bosham, Chichester3
£95008/241.55 miMain Road, Nutbourne PO18 8RR1
£1,60007/241.56 miBrooks Lane, Bosham, Chichester3
£1,85007/241.62 miThe Street, Itchenor, Chichester, West Sussex, PO204
£1,10006/241.7 miThe Halt, Hambrook, Chichester. PO18 8FJ2
£2,00006/241.7 miOrchard Lane, Itchenor, Chichester, West Sussex, PO204
£1,25006/241.71 miThe Halt, Hambrook, Chichester, PO18 8FJ, PO182
£1,19506/241.81 miBroad Road, Hambrook. PO18 8RG3
£6,95007/241.87 miSpinney Lane, Itchenor, Chichester West Sussex, PO205
£1,00012/241.91 miThe Avenue, Hambrook, PO181
£1,30011/241.91 mi-2
£1,25008/241.94 miBeaver Close, Chichester1
£1,39507/241.98 miMain Road, Nutbourne. PO18 8RL3
£1,20006/242.01 miWest Ashling Road, Hambrook, Chichester, PO181
£2,32510/242.01 mi-4
£2,50006/242.07 miMain Road, Nutbourne, West Sussex, PO184
£2,40004/242.07 mi-4
£1,20012/242.09 miEgret Court End, Chichester1
£99508/242.1 miFishbourne Road West, Fishbourne2
£1,50012/242.1 miHeron Lane, Hambrook, Chichester, PO182
£1,25006/242.11 miFishbourne Road West, Fishbourne, Nr Chichester2
£1,85006/242.13 miCaspian Close, Fishbourne4
£2,20002/242.13 mi-4
£1,85006/242.13 miFishbourne4
£1,40006/242.13 miHeather Close, West Ashling, Chichester4
£1,25007/242.15 mi2 bedroom Terraced House in Fishbourne2
£3,30007/242.16 miThe Gardens, West Ashling, PO18 8DX4

Local Area Statistics

Population in PO18

13,225

Population in Chichester

75,877

Town centre distance

3.41 miles away

Nearest school

0.50 miles away

Nearest train station

1.06 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Price changed to £525,000

December 4, 2024

Listed for £575,000

July 15, 2024

Floor Plans

Description

Located in the heart of historic Old Bosham with views of the harbour, a charming Grade II listed period cottage.

DESCRIPTION:

Beach Cottage offers characterful accommodation arranged over 3 floors, featuring a double aspect open-plan kitchen/dining room on the ground floor with panelled walls, beamed ceilings, wooden floors and an open fireplace and views to the water. The kitchen area comprises a range of Shaker-style base and wall cupboards, stainless steel sink and an electric oven with gas hob and extractor hood over.

Stairs lead to the first floor landing (with two store cupboards), to what could be a bedroom, but is currently used as a sitting room by the vendor to make the most of the views, and is double aspect with a beamed ceiling, fitted bookshelves and two store cupboards. On this floor is also the shower room with tiled and glazed shower cubicle, wash hand basin and low level WC. From the landing, a staircase leads to the second floor and to the bedroom with two large store cupboards, low-level eaves cupboards, ceiling beams and dormer windows with views over the harbour and the church.

LOCATION:

The village, with its highly regarded sailing club, Quay Meadow and renowned Saxon church, is just a short walk away, as are a wonderful craft centre, The Millstream Hotel, popular harbourside pub, tearoom and local Co-op store.

Chichester, with its Festival Theatre and ancient cathedral, lies 4 miles to the east, and offers a broad range of shopping and leisure amenities as well as galleries, a museum and restaurants. Further leisure pursuits within the area include horseracing at Goodwood, which also hosts events for motoring enthusiasts, as well as several golf courses. The beautiful beaches of West Wittering cater for swimming and wind/kite surfing. Walking and horse riding can also be enjoyed on the many miles of footpaths and bridlepaths in the South Downs National Park.

INFORMATION:

Services: All main.

Local Authority: Chichester District Council

Council Tax Band: Band D

Energy Rating: Exempt

Agent Details

Stride and Son, Chichester

020 3835 4104

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪