6 Bed Detached House, Single Let, Chichester, PO20 7NR, £600,000

Higheligh Road, Highleigh, PO20 7NR - 8 months ago

BTL
~307 m²
+17 photos

ValuationUndervalued

Sold Prices£260K - £3.1M
Sold Prices/m²£2.4K/m² - £10.2K/m²

 

 

Square Metres

~306.67 m²
Price/m²£2K/m²

Value Estimate

£750,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Total Cash In

£186,700

 

 

Cash Out

 

Rent Range

£800 - £4,500

Rent Estimate

£825

Running Costs/mo

£2,060

Cashflow/mo

£-1,235

Cashflow/yr

£-14,820

Gross Yield

2%

Local Sold Prices

50 sold prices from £260K to £3.1M, average is £506.5K. £2.4K/m² to £10.2K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£750K08/230.88 miSaxons, Chalder Lane, Sidlesham, Chichester, West Sussex PO20 7RJ4
£658K11/221.29 mi1, Alandale Road, Birdham, Chichester, West Sussex PO20 7QN4
£1.3M03/211.48 miElm Tree House, Somerley Lane, Earnley, Chichester, West Sussex PO20 7JB4
£565K02/211.56 miHerons, Cherry Lane, Birdham, Chichester, West Sussex PO20 7AR4
£750K12/201.69 mi23, Longmeadow Gardens, Birdham, Chichester, West Sussex PO20 7HP4
£458K12/201.7 mi8, Bell Lane, Birdham, Chichester, West Sussex PO20 7HX4
£735K02/211.74 miBarn Tiles, Pescotts Close, Birdham, Chichester, West Sussex PO20 7HD4
£3.0M03/211.98 miTideways, Lock Lane, Birdham, Chichester, West Sussex PO20 7BB4
£1.3M10/212.01 miMarsh Farm Cottage, Drove Lane, Earnley, Chichester, West Sussex PO20 7JW4
£480K02/232.39 mi7, Barton Way, Bracklesham Bay, Chichester, West Sussex PO20 8JD4
£420K03/212.4 mi97, Shalbourne Crescent, Bracklesham Bay, Chichester, West Sussex PO20 8RG4
£360K01/212.43 mi16, Avebury Close, Bracklesham Bay, Chichester, West Sussex PO20 8JZ4
£570K05/232.47 mi12, Wilton Close, Bracklesham Bay, Chichester, West Sussex PO20 8QY4
£500K10/212.48 mi8, Wilton Close, Bracklesham Bay, Chichester, West Sussex PO20 8QY4
£675K05/212.49 miHows Den, East Bracklesham Drive, Bracklesham Bay, Chichester, West Sussex PO20 8JW4
£392K04/232.54 mi62, St Leodegars Way, Hunston, Chichester, West Sussex PO20 1PF4
£650K08/212.65 miMayfield, Golf Links Lane, Selsey, Chichester, West Sussex PO20 9DP4
£630K12/202.65 miOakash, Golf Links Lane, Selsey, Chichester, West Sussex PO20 9DP4
£610K03/212.65 miBlue Pines, Golf Links Lane, Selsey, Chichester, West Sussex PO20 9DP4
£418K06/212.66 mi26, Foxbridge Drive, Hunston, Chichester, West Sussex PO20 1NQ4
£450K12/222.69 mi2, Westerley Gardens, East Wittering, Chichester, West Sussex PO20 8RT4
£300.5K03/212.71 miFrancesca, Chichester Road, Selsey, Chichester, West Sussex PO20 0NL4
£425K05/212.74 mi36, Hunnisett Close, Selsey, Chichester, West Sussex PO20 0FH4
£510K03/232.74 mi24, Hunnisett Close, Selsey, Chichester, West Sussex PO20 0FH4
£327K06/212.75 mi10, Hunnisett Close, Selsey, Chichester, West Sussex PO20 0FH4
£1.6M03/212.76 miBriarfield, Itchenor Green, Itchenor, Chichester, West Sussex PO20 7DA4
£423K02/212.77 mi3, Harding Close, Selsey, Chichester, West Sussex PO20 0FG4
£493.5K12/222.78 mi36, Legion Way, East Wittering, Chichester, West Sussex PO20 8PP4
£550K02/212.79 mi3, Wessex Avenue, East Wittering, Chichester, West Sussex PO20 8NP4
£550K12/222.79 mi62, Pagham Road, Bognor Regis, West Sussex PO21 4NW4
£470K12/222.81 mi35, Robinson Close, Selsey, Chichester, West Sussex PO20 0FD4
£418K11/202.82 mi12, Robinson Close, Selsey, Chichester, West Sussex PO20 0FD4
£1.6M01/212.82 miWealdens, Bosham Hoe, Bosham, Chichester, West Sussex PO18 8ET4
£503K03/212.82 mi43, Sea Lane, Pagham, Bognor Regis, West Sussex PO21 4UW4
£390K03/212.83 mi6, Millington Drive, Selsey, Chichester, West Sussex PO20 0FF4
£435K06/212.83 mi43, Millington Drive, Selsey, Chichester, West Sussex PO20 0FE4
£410K06/232.85 mi21, Furzefield, West Wittering, Chichester, West Sussex PO20 8PY4
£790K06/212.85 miSummerfield House, Summer Lane, Bognor Regis, West Sussex PO21 4NG4
£1.4M05/232.85 miColtsfoot Cottage, Itchenor Road, Itchenor, Chichester, West Sussex PO20 7DD4
£282K06/212.89 mi45, Harbour View Road, Bognor Regis, West Sussex PO21 4RQ4
£585K03/212.91 mi23, Church Road, East Wittering, Chichester, West Sussex PO20 8PS4
£342.5K07/232.93 mi7, The Green, Bognor Regis, West Sussex PO21 4RZ4
£370K06/212.94 mi25, West Front Road, Bognor Regis, West Sussex PO21 4SY4
£3.1M06/212.96 miMacnade House, Spinney Lane, Itchenor, Chichester, West Sussex PO20 7DJ4
£410K05/212.96 mi208, Pagham Road, Bognor Regis, West Sussex PO21 3QB4
£635K03/212.96 mi19, Coney Road, East Wittering, Chichester, West Sussex PO20 8DA4
£587.5K06/232.97 mi3, Sandy Road, Bognor Regis, West Sussex PO21 4SP4
£260K04/212.97 mi12, Coppice Lane, Selsey, Chichester, West Sussex PO20 9EX4
£530K03/212.97 mi7, Chaucer Drive, West Wittering, Chichester, West Sussex PO20 8BY4
£445K06/212.97 mi10, Mill Gardens, East Wittering, Chichester, West Sussex PO20 8PR4

Local Rents

34 rents from £800/mo to £4.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£90001/250.74 mi-2
£80002/250.74 mi-2
£1,00002/250.74 mi-3
£90002/250.74 mi-2
£90002/250.74 mi-2
£90003/250.74 mi-2
£80012/240.78 mi-2
£2,75012/240.88 mi-4
£1,35006/240.96 miHillands Farm Annex, Batchmere Road, Chichester, West Sussex2
£2,25007/241.05 miBatchmere4
£99007/241.24 miSelsey Road, Sidlesham, Chichester, PO201
£99007/241.24 miSesley Road, Sidlesham, Chichester, PO201
£1,00003/251.35 mi-1
£1,20007/241.47 miChurch Lane, Birdham, Chichester, PO201
£1,40012/241.56 mi-3
£1,40006/241.56 miWalwyn Close, Chichester, PO203
£2,95007/241.57 miCherry Lane Birdham PO204
£1,65004/251.72 mi-2
£2,25006/241.72 miPrices Cottages, Selsey Road, Donnington, PO203
£1,27506/241.81 miKewells Corner, Birdham2
£1,75006/241.86 miThe Salterns, Chichester Marina, Chichester, PO202
£85004/252.01 mi-1
£4,50007/242.08 miWestlands Lane, Birdham, PO204
£3,95006/242.27 miSelsey Road Donnington PO205
£1,20006/242.31 miWillow Way, Bracklesham Bay, Chichester2
£1,50007/242.33 miCharlie Drive, Bracklesham Bay, Chichester, PO202
£1,39512/242.36 miAxford Close, Bracklesham Bay, Chichester, PO202
£1,30012/242.42 mi-2
£1,30007/242.42 miHayward Place, Bracklesham Bay, Chichester, PO202
£1,15007/242.44 miTide Way, Bracklesham Bay, Chichester2
£2,20007/242.45 miEast Bracklesham Drive, Bracklesham Bay3
£1,15006/242.46 miTide Way, Bracklesham Bay2
£1,45007/242.46 miTide Way Bracklesham Bay PO203
£1,10002/252.46 mi-1

Local Area Statistics

Population in PO20

32,437

Population in Chichester

75,877

Town centre distance

4.15 miles away

Nearest school

0.40 miles away

Nearest train station

3.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £600,000

August 5, 2024

Floor Plans

Description

Located in the charming semi-rural hamlet of Highleigh a substantial farmhouse style family house offering light, bright, flexible living accommodation with a large garden to the rear, detached garage and parking to the front for several cars.

The property, which extends to just over 3,000 sq. ft., would benefit from some further upgrading and ‘finishing’ to certain rooms primarily the bathrooms but benefits from cottage style wooden doors, wooden wall and ceiling beams and natural stone floors.

The property is being sold subject to an Agricultural Tie which limits the occupation to a person solely or mainly employed, or last employed in the locality in agriculture as defined in section 290 (1) of the Town and Country Planning Act 1971, or in forestry (including any dependants of such a person residing with him), or a widow or widower of such a person.

GROUND FLOOR:

Entrance Hall | Cloakroom | Utility Room | Kitchen/Breakfast Room with part vaulted ceiling and stairs to first floor sitting room | Bedroom 2 with dressing room and ensuite (requires finishing) | Snug/Bedroom 6 Study/Bedroom 5 | Covered Garden Room with door to garden

FIRST FLOOR:

Galleried Landing | Sitting Room with vaulted ceiling overlooking the kitchen | Principal Bedroom with large wardrobe and Ensuite Shower Room | Two further Double Bedrooms | Contemporary Family Bathroom

OUTSIDE:

The property is approached via a private driveway with parking and turning to the front for several cars. To the side of the house is a brick and timber clad garage with a pitched roof. The main garden lies to the rear (south) of the property being laid mainly to lawn with a large area of wooden decking creating an outdoor entertaining space adjacent to the garden room.

LOCATION:

The semi-rural hamlet of Highleigh lies approximately 5 miles to the south of Chichester and only 2.5 miles from Chichester Marina. Pagham Nature Reserve can be found within 2 miles whilst the beaches of West Wittering are a short distance away. Sidlesham has its own local primary school and the nearby village of Birdham has a local store, post office, parish church and further primary school.

Nearby Chichester offers a wide range of cultural, leisure and shopping facilities, including the Festival Theatre and Pallant House Gallery, whilst the Goodwood Estate to the north hosts horse racing events as well as the Festival of Speed and Revival Meetings. Water sports and sailing may be enjoyed from several centres around Chichester Harbour, with nearby Bosham being home to a popular sailing club. There is a mainline station at Chichester being easily accessible, providing services along the south coast, to London Victoria via Gatwick and to London Waterloo via Havant. By road, the A27 provides access to the A3(M) and on to the M25, linking major road networks.

Services: Mains electricity, oil fired central heating and the water is supplied by the adjoining farm.

Local Authority: Chichester District Council

Council Tax Band: Band F

Energy Rating: Band D

Agent Details

Stride and Son, Chichester

020 3835 4104

Next Steps?

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