3 Bed Detached House, Refurb/BRRR, Chichester, PO19 7LA, £750,000

15 Guilden Road, Chichester, PO19 7LA - 1 views - 6 months ago

Refurb/BRRR
Planning
~179 m²
+16 photos

ValuationFair Value

Sold Prices£250K - £610K
Sold Prices/m²£1.7K/m² - £6.9K/m²

 

 

Square Metres

~179.10 m²
Price/m²£4.2K/m²

Value Estimate

£751,373

 

 

End Value (After Refurb)

£750,359

Uplift in Value

+0%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£63,700

Refurb Costs

£83,093

Bridging Loan Interest

£19,688

Total Cash In

£355,731

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£750,359

Mortgage (After Refinance)

£562,769

Mortgage LTV

75%

Cash Released

£269

Cash Left In

£355,461

Equity

£187,590

Rent Range

£1,150 - £2,400

Rent Estimate

£1,573

Running Costs/mo

£2,679

Cashflow/mo

£-1,106

Cashflow/yr

£-13,278

Gross Yield

3%

Local Sold Prices

50 sold prices from £250K to £610K, average is £387.5K. £1.7K/m² to £6.9K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£610K09/220.04 mi16, Green Lane, Chichester, West Sussex PO19 7NS3
£425K06/210.04 mi7, Guilden Road, Chichester, West Sussex PO19 7LA3
£495K06/210.05 mi15, Green Lane, Chichester, West Sussex PO19 7NS3
£400K03/210.07 mi49, Green Lane, Chichester, West Sussex PO19 7NP3
£330K03/240.13 mi25, Armadale Road, Chichester, West Sussex PO19 7NR3
£330K07/230.13 mi17, Armadale Road, Chichester, West Sussex PO19 7NR3
£375K02/230.13 miFlinders, Joys Croft, Chichester, West Sussex PO19 7NJ3
£415K12/230.13 miOrchard House, Joys Croft, Chichester, West Sussex PO19 7NJ3
£319.9K01/240.15 mi68, Adelaide Road, Chichester, West Sussex PO19 7NQ3
£453K03/210.16 mi221, Whyke Road, Chichester, West Sussex PO19 7AH3
£268.5K03/210.16 mi44, Adelaide Road, Chichester, West Sussex PO19 7NF3
£295K06/210.17 mi29, Lewis Road, Chichester, West Sussex PO19 7LZ3
£515K09/230.17 mi1, Lewis Road, Chichester, West Sussex PO19 7LZ3
£315K06/210.17 mi32, Lewis Road, Chichester, West Sussex PO19 7LZ3
£407.5K12/200.17 mi224, Oving Road, Chichester, West Sussex PO19 7EJ3
£357K12/220.18 mi13, Lime Close, Chichester, West Sussex PO19 6SW3
£335K11/230.18 mi2, Lime Close, Chichester, West Sussex PO19 6SW3
£322K01/230.18 mi22, Lime Close, Chichester, West Sussex PO19 6SW3
£500K04/230.19 mi39, Pound Farm Road, Chichester, West Sussex PO19 7PU3
£470K11/210.19 mi21, Oving Road, Chichester, West Sussex PO19 7EH3
£495K11/220.19 mi59, Oving Road, Chichester, West Sussex PO19 7EN3
£429.9K06/210.19 mi30, Oving Road, Chichester, West Sussex PO19 7EN3
£395K11/200.2 mi20, Alexandra Road, Chichester, West Sussex PO19 7LX3
£370K10/220.2 mi25, Pound Farm Road, Chichester, West Sussex PO19 7PX3
£455K10/230.2 mi14, Peter Weston Place, Chichester, West Sussex PO19 7AP3
£380K02/210.21 mi93, St James Road, Chichester, West Sussex PO19 7HR3
£460K11/230.21 mi81, St James Road, Chichester, West Sussex PO19 7HR3
£250K04/240.22 mi27, St James Road, Chichester, West Sussex PO19 7HS3
£310K07/230.22 mi38, St James Road, Chichester, West Sussex PO19 7HT3
£430K11/220.22 mi36, St James Road, Chichester, West Sussex PO19 7HT3
£290K02/210.23 mi121, Spitalfield Lane, Chichester, West Sussex PO19 6XE3
£370K06/210.23 mi46, Winden Avenue, Chichester, West Sussex PO19 7UZ3
£320K03/210.23 mi37, Winden Avenue, Chichester, West Sussex PO19 7UZ3
£380K05/210.23 mi10, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£375K01/230.23 mi11, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£420K05/230.23 mi8, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£280K10/200.24 mi12, St James Road, Chichester, West Sussex PO19 7HU3
£350K04/230.24 mi19, Harvester Close, Chichester, West Sussex PO19 6XF3
£495K06/210.24 mi13, Bognor Road, Chichester, West Sussex PO19 7TF3
£425K11/210.25 mi146, Bognor Road, Chichester, West Sussex PO19 7TQ3
£375K10/230.25 mi132, Bognor Road, Chichester, West Sussex PO19 7TQ3
£440K10/200.25 mi22, Turnbull Road, Chichester, West Sussex PO19 7LY3
£380K05/210.26 mi10, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£285K10/200.29 mi8, Stephens Close, Chichester, West Sussex PO19 6TH3
£355K06/210.29 mi32, Bishopsgate Walk, Chichester, West Sussex PO19 6FG3
£572.5K06/210.32 mi9, New Park Road, Chichester, West Sussex PO19 7XH3
£410K11/200.33 mi48, Victoria Road, Chichester, West Sussex PO19 7HY3
£470K06/210.33 mi41, Whyke Lane, Chichester, West Sussex PO19 7UT3
£400K09/230.34 mi51, Bishopsgate Walk, Chichester, West Sussex PO19 6FQ3
£402K12/220.34 mi15, Cleveland Road, Chichester, West Sussex PO19 7AF3

Local Rents

30 rents from £1.1K/mo to £2.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,79507/240.04 miGreen Lane Chichester PO193
£1,59506/240.11 miRussell Street, Chichester, West Sussex, PO193
£1,45006/240.16 miArmadale Road, Chichester, PO193
£1,15006/240.17 miVelyn Avenue, Chichester3
£1,40008/240.18 miLime Close, Chichester3
£2,10007/240.19 miSt Pancras, Chichester3
£1,59507/240.21 miBishops Courtyard3
£1,59506/240.22 miSpitalfield Lane, Chichester, PO193
£1,35006/240.24 miHarvester Close, Chichester3
£1,75010/240.24 mi-3
£1,35008/240.26 miOrmonde Avenue, Chichester, West Sussex3
£2,40009/240.31 miEast Walls Close, Chichester3
£1,45006/240.32 miOving Terrace, Chichester3
£1,50006/240.33 miSpitalfield Lane Chichester West Sussex PO19 6SG3
£1,50008/240.36 miLake Road, Chichester3
£1,45006/240.36 miBishopsgate Walk, Chichester3
£1,45006/240.42 miCharles Avenue Chichester PO193
£1,85007/240.44 miFranklin Place Chichester PO193
£1,59507/240.44 miChequers Place, Oving Road, Chichester3
£1,45008/240.46 miSt Peters, Chichester3
£1,95008/240.49 mi3 bedroom Terraced House in Chichester3
£1,67507/240.5 miBaxendale Road, Chichester PO193
£1,60007/240.5 miBradshaw Road, Chichester, PO193
£1,65006/240.51 miNorth Street, Chichester3
£1,35008/240.52 miChurch Road, Chichester3
£1,37508/240.52 miWilliam Road, Chichester3
£1,27506/240.6 miBroyle Road, Chichester3
£1,50001/250.6 mi-3
£1,60007/240.61 miBroyle Road, Chichester3
£1,45007/240.61 miOving Road Chichester PO203

Local Area Statistics

Population in PO19

30,184

Population in Chichester

75,877

Town centre distance

0.56 miles away

Nearest school

0.20 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+44%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £750,000

March 28, 2025

Listed for £775,000

September 24, 2024

Floor Plans

Description

A spacious and well-presented 3 double bedroom detached house with garage, gated driveway with parking for several cars, and an attractive mature rear garden, just 0.5 of a mile to the east of Chichester city centre.

DESCRIPTION:

Possibly dating from the early 1900s, Hidden House is a surprisingly spacious 3-bedroom detached house conveniently nestled at the head of a characterful close just to the east of Chichester city centre. Offered for sale with the advantage of no forward chain, the property offers well-presented and nicely balanced accommodation with a light and airy atmosphere arranged over two floors.

On the ground floor, features to note include an entrance hall with cloakroom/WC, a well-proportioned kitchen/dining room with glazed double doors opening to the rear garden, a large separate utility room, and a fabulous 26ft long sitting room with wide and bright windows overlooking the driveway and front garden.

On the first floor, there are 3 double bedrooms, all with built-in storage space, an en-suite shower room/WC to principal bedroom, and a family bathroom/WC. Although in need of some modernisation, the property does benefit from gas central heating and UPVC double glazing. There is also good potential to extend at the rear, subject to planning permission.

Outside, the property is approached to the front via painted double timber gates opening to a gravelled driveway bounded by mature shrubs beds, providing parking for several vehicles. To the side of the house there is a generous size brick-built detached garage with tiled pitched roof. The large and attractive rear garden is a particular feature of the property affording a good level of privacy with a paved terrace adjacent to the back of the house, a lawned area, established and well stocked flower and shrub beds, and a number of mature trees.

LOCATION:

The property is situated in charming residential cul-de-sac only about 0.5 of a mile from Chichester’s historic city centre and the bustling mainly pedestrianised shopping precinct. It is also within easy reach of nearby recreation spaces including Priory Park, local primary and secondary schools, and is convenient for access to the A27, which links with the A3(M) to the west providing a route north to the M25. Chichester train station, just outside the city centre and only about a mile to the south-west of the property, provides services along the coast to Portsmouth and Brighton, and to London Victoria.

The cathedral city of Chichester offers excellent high-street shopping, many fashionable restaurants, cafes, bars, a leisure centre with swimming pool, sports clubs, cinemas, and is home to the Pallant House Gallery and the renowned Festival Theatre. Located close to Chichester is the Goodwood Estate, which is famous for its many sporting event days including the much-celebrated Festival of Speed and Goodwood Revival for motor racing enthusiasts, and a season of horse racing including the Glorious Goodwood Festival. The South Downs National Park is within easy reach being only about 3 miles to the north, and Chichester Harbour, along with Chichester Marina and Birdham Pool, are located just to the south-west, the harbour being home to several popular sailing clubs. Also, to the south-west, about 9 miles, is the Blue Flag sandy beach at West Wittering and the National Trust’s East Head sand dune spit at the stunning entrance to Chichester Harbour.

INFORMATION:

Services: All main. Gas central heating

Tenure: Freehold

Local Authority: Chichester District Council

Council Tax: Band E

Energy Rating: Band D

Agent Details

Stride and Son, Chichester

020 3835 4104

Next Steps?

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