2 Bed Flat, Single Let, Chichester, PO19 8PD, £185,000

Stockbridge Road, Chichester, PO19 8PD - 3 views - 5 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£112K - £450K
Sold Prices/m²£2K/m² - £5.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£227,550
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£995 - £1,700

Rent Estimate

£1,194

Running Costs/mo

£837

Cashflow/mo

£357

Cashflow/yr

£4,285

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £112K to £450K, average is £241.4K. £2K/m² to £5.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£145K11/210.14 miFlat 19, Heather Court, Stockbridge Road, Chichester, West Sussex PO19 8HJ2
£112K12/200.14 miFlat 25, Heather Court, Stockbridge Road, Chichester, West Sussex PO19 8HJ2
£112.5K02/230.26 miFlat 45, Heather Court, Stockbridge Road, Chichester, West Sussex PO19 8HJ2
£380K08/230.4 mi21b, St Johns Street, Chichester, West Sussex PO19 1UP2
£270K02/210.41 miFlat, 75a, North Street, Chichester, West Sussex PO19 1LQ2
£330K06/210.43 mi12, St Bartholomews Close, Chichester, West Sussex PO19 3EP2
£235K12/220.44 miFlat 5, Sharp Garland House, East Walls, Chichester, West Sussex PO19 1EX2
£247.5K11/230.44 mi54b, Lyndhurst Road, Chichester, West Sussex PO19 7PE2
£190K07/210.46 miFlat 27, The Maltings, Henty Gardens, Chichester, West Sussex PO19 3DW2
£212.5K06/230.47 mi5a, Crane Street, Chichester, West Sussex PO19 1LH2
£248K06/210.47 mi2b, St Cyriacs, Chichester, West Sussex PO19 1AN2
£245K08/230.48 mi17, Henty Gardens, Chichester, West Sussex PO19 3DL2
£330K03/230.48 mi2, Henty Gardens, Chichester, West Sussex PO19 3DL2
£395K06/210.48 mi6, Henty Gardens, Chichester, West Sussex PO19 3DL2
£330K03/240.48 mi12, Tannery Close, Chichester, West Sussex PO19 3EY2
£304.9K08/210.49 mi12, Tannery Close, Chichester, West Sussex PO19 3EY2
£355K11/200.5 mi100, Shippam Street, Chichester, West Sussex PO19 1AY2
£275K03/210.55 miFlat 7, Regnum Court, North Walls, Chichester, West Sussex PO19 1BZ2
£200K01/210.58 miFlat 8, Bayton Court, Velyn Avenue, Chichester, West Sussex PO19 7PA2
£200K01/210.58 miFlat 8, Bayton Court, Velyn Avenue, Chichester, West Sussex PO19 7PA2
£190K12/230.58 miBayton Court, Flat 12, Velyn Avenue, Chichester, West Sussex PO19 7PA2
£240K03/230.6 mi1, Orchard Gardens, Chichester, West Sussex PO19 1DG2
£369K10/220.61 mi11, St Agnes Place, Chichester, West Sussex PO19 7TN2
£330K05/240.61 mi6, St Agnes Place, Chichester, West Sussex PO19 7TN2
£345K07/230.61 mi31, St Agnes Place, Chichester, West Sussex PO19 7TN2
£213K08/230.61 miFlat 5, Eastgate Court, The Hornet, Chichester, West Sussex PO19 7JX2
£280K03/240.62 mi92, St Agnes Place, Chichester, West Sussex PO19 7TU2
£336K05/230.62 mi65, St Agnes Place, Chichester, West Sussex PO19 7TU2
£123.8K09/210.66 mi123, St Agnes Place, Chichester, West Sussex PO19 7TY2
£217K03/210.71 mi36, Tozer Way, Chichester, West Sussex PO19 7LG2
£242.8K01/210.73 mi2a, Whyke Road, Chichester, West Sussex PO19 7AL2
£220K12/220.74 mi33, Parchment Street, Chichester, West Sussex PO19 3BX2
£238K09/210.76 miFlat 11, Festival Court, Somerstown, Chichester, West Sussex PO19 6AE2
£237K01/230.76 miFlat 17, Festival Court, Somerstown, Chichester, West Sussex PO19 6AE2
£262K12/200.79 miFlat 18, Downland Court, Somerstown, Chichester, West Sussex PO19 6AQ2
£256K03/210.83 miFlat 11, Paveley House, Fishbourne Road East, Chichester, West Sussex PO19 3BY2
£235K03/210.83 miFlat 9, Paveley House, Fishbourne Road East, Chichester, West Sussex PO19 3BY2
£216K03/210.87 miFlat 31, Willow Court, Fishbourne Road East, Chichester, West Sussex PO19 3HL2
£275K03/230.87 mi4, Stride Close, Chichester, West Sussex PO19 7WX2
£310K06/210.89 miFlat 23, Forbes Place, King George Gardens, Chichester, West Sussex PO19 6LF2
£450K01/240.89 miFlat 19, Forbes Place, King George Gardens, Chichester, West Sussex PO19 6LF2
£365K02/210.89 miFlat 6, Forbes Place, King George Gardens, Chichester, West Sussex PO19 6LF2
£195K01/210.9 mi30, Bishop Luffa Close, Chichester, West Sussex PO19 3LR2
£192K03/210.9 mi36, Bishop Luffa Close, Chichester, West Sussex PO19 3LS2
£212.5K03/210.94 mi30, Lennox Road, Chichester, West Sussex PO19 6SY2
£186.5K10/230.96 mi87, Lennox Road, Chichester, West Sussex PO19 6SZ2
£190K02/240.97 miWatersmeet, Flat 28, Appledram Lane North, Chichester, West Sussex PO19 3RW2
£249.9K10/230.97 miFlat 22, Watersmeet, Appledram Lane North, Chichester, West Sussex PO19 3RW2
£199.9K08/230.99 mi64, Newlands Lane, Chichester, West Sussex PO19 3AS2
£213K03/211 mi47, Bewick Gardens, Chichester, West Sussex PO19 6FS2

Local Rents

49 rents from £995/mo to £1.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30007/240.11 miSouthgate, Chichester2
£1,39507/240.11 miBasin Road, Chichester, PO192
£1,17507/240.12 miJohn Rennie Road, Chichester2
£1,35007/240.14 miSouthgate, Chichester2
£1,20007/240.15 miSouthgate, Chichester2
£1,25006/240.22 miThe Chantry, Canon Lane, Chichester, PO192
£1,65007/240.22 miThe Chantry, Canon Lane, Chichester, PO192
£1,20002/250.29 mi-2
£1,20008/240.29 miEast Pallant, Chichester, PO192
£1,60007/240.29 miWest Pallant, Chichester2
£1,60007/240.29 miWest Pallant, Chichester2
£1,29508/240.29 miJuxon Close, Chichester, PO192
£1,40009/240.31 miJuxon Close, Chichester2
£1,50007/240.32 miBaffins Court, Baffins Lane, Chichester, West Sussex, PO192
£99506/240.33 miCaledonian Road, Chichester2
£1,35007/240.34 miWestgate, Chichester, PO192
£1,60006/240.36 miSt Johns Street, Chichester, PO192
£1,45006/240.36 miClydesdale Avenue, Chichester2
£1,30008/240.37 miWest Street, Chichester, PO192
£1,70012/240.38 mi-2
£1,22507/240.38 miCaledonian Road, Chichester PO192
£1,25004/250.39 mi-2
£1,39506/240.39 miEast Street, Chichester2
£1,24507/240.39 mi-2
£1,24502/250.39 mi-2
£1,60006/240.39 miThe Chambers, Chapel Street, Chichester, West Sussex, PO192
£1,25007/240.39 miChapel Street, Chichester, PO192
£1,25007/240.39 miChapel Street, Chichester, PO192
£1,35006/240.4 miEast Street, Chichester2
£1,40006/240.4 miCentral Chichester2
£1,35006/240.4 miCentral Chichester2
£1,30006/240.4 miCentral Chichester2
£1,45007/240.4 miSt. Johns Street, Chichester2
£1,25007/240.4 mi-2
£1,30006/240.4 miEast Street, Chichester2
£1,35006/240.4 miFlat 2, East Street, Chichester2
£1,30006/240.4 miFlat 3, East Street, Chichester2
£1,39506/240.4 miEast Street, Chichester2
£1,40007/240.41 miGrenville Gardens, Donnington PO192
£1,39506/240.41 miWall Cottage Drive, Chichester2
£1,35009/240.42 miBywater Way Chichester PO192
£1,30007/240.42 miLyndhurst Road Chichester PO192
£1,45007/240.42 miCaledonian Road2
£1,30007/240.42 miEast Street, Chichester, PO192
£1,37507/240.42 miSt Bartholomews Close, Chichester2
£1,30008/240.45 mi2 bedroom First Floor Flat in Chichester2
£1,20007/240.46 miEast Walls, Chichester2
£1,40008/240.46 miUnicorn House, Eastgate Square, Chichester, PO192
£1,25006/240.48 miNorth Close 2

Local Area Statistics

Population in PO19

30,184

Population in Chichester

75,877

Town centre distance

0.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+44%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £185,000

November 29, 2024

Floor Plans

Description

  • Age restricted apartment +
  • Sitting room +
  • Modern shower room/WC +
  • Communal parking +
  • House manager +
  • Guest suite +

Originally the show apartment when the development was sold from new, 2 Brampton Court enjoys an enviable position within the development being on the ground floor with direct access to the communal gardens. The apartment offers well-proportioned accommodation which includes a dual aspect sitting room, kitchen, modern shower room/WC and two double bedrooms. There is night storage heating and 24hr centralised Appello emergency call centre pull cords in every room. There is security entrance with intercom to the flat and remote outer door release. Within the development are various communal facilities including parking, laundry room, centralised fire detection system, regular social activities, guest suite and residents' lounge. The whole site is accessible by wheelchair. The development also benefits from a House Manager. Tenure – leasehold Maintenance charge – £4,400 pa Ground rent - £844.96 pa Pets - Both cats and dogs are generally accepted (subject to terms of lease and landlord permission) Chichester District Council - 23/24 Tax Band C £1,883.03 From Southgate in Chichester, proceed in a southerly direction over the level crossing (adjacent to railway station) and Brampton Court will be seen immediately on your left hand side. what3words.com/wisdom.wheels.glare

EPC Rating: C

Agent Details

Henry Adams, Chichester

01243 973395

Next Steps?

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