3 Bed Terraced House, Single Let, Chichester, PO19 3RL, £285,000

Senator Gardens, Chichester, PO19 3RL - 4 views - 5 months ago

Sold STC

BTL

ROI: 4%

~93 m²

+14 photos

ValuationUndervalued

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£71,250£71,250
Stamp Duty & Legal Fees	£11,500£11,500
Total Cash In	£82,750£82,750

Cash Out
Rent Range	£1,400 - £1,800£1,400 - £1,800
Rent Estimate	£1,450
Running Costs/mo	£1,201£1,201
Cashflow/mo	£249£249
Cashflow/yr	£2,993£2,993
ROI	4%4%
Gross Yield	6%6%

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

Local Rents

17 rents from £1.4K/mo to £1.8K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	07/24	0.08 mi	Salthill Road, Fishbourne	3	Semi-Detached House
£1,500	06/24	0.22 mi	Fraser Row, Fishbourne, Chichester	3	Detached House
£1,550	10/23	0.7 mi	Dolphin Mews, Chichester	3	Terraced House
£1,650	07/24	0.7 mi	Newlands Lane, Chichester, PO19	3	Semi-Detached House
£1,800	07/24	0.76 mi	Drovers Lane, Chichester	3	House
£1,750	08/24	0.76 mi	Drovers Lane, Chichester	3	Semi-Detached House
£1,800	08/24	0.76 mi	Drovers Lane, Chichester	3	House
£1,575	06/24	0.85 mi	Gobey Drive, West Broyle	3	Detached House
£1,450	08/24	1 mi	Oak Avenue, Chichester PO19	3	Semi-Detached House
£1,500	07/24	1 mi	Oak Avenue, Chichester	3	House
£1,595	07/24	1.11 mi	City Centre, Chichester	3	Terraced House
£1,650	06/24	1.11 mi	Henty Gardens, Chichester	3	Terraced House
£1,400	06/24	1.22 mi	Cavendish Street, Chichester	3	Terraced House
£1,650	07/24	1.22 mi	Cavendish Street, Chichester	3	Terraced House
£1,400	07/24	1.22 mi	Cavendish Street, Chichester	3	Terraced House
£1,600	07/24	1.22 mi	Brooks Lane, Bosham, Chichester	3	Detached House
£1,700	07/24	1.24 mi	Central Chichester	3	House

Local Area Statistics

Population in PO19	30,18430,184
Population in Chichester	75,87775,877
Town centre distance	1.40 miles away1.40 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.32 miles away0.32 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+44%+44%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £285,000

December 10, 2024

Sold for £199,950

2013

Sold for £80,000

1997

Floor Plans

Description

Lounge +
Dining room +
Kitchen +
Allocated parking +
Rear garden +
No onward chain +

This charming 3-bedroom mid-terraced house offers a perfect blend of comfort and convenience. The ground floor comprises a spacious lounge, a separate dining room ideal for entertaining guests, and a fully equipped kitchen boasting modern amenities. Moving upstairs, you will find three well-appointed bedrooms, each offering ample space for relaxation and rest.

This property also benefits from allocated parking, providing ease of access for residents and guests. At the rear, a private garden awaits.

Presented to the market with no onward chain, this property presents an ideal opportunity for those seeking a hassle-free move.

EPC Rating: C

Agent Details

Henry Adams, Chichester

01243 973395

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Under Offer

2 Bed House, Single Let, Chichester, PO19 3PX

£300,000

5 views • 4 months ago • 68 m²

Under Offer

4 Bed House, Single Let, Chichester, PO19 3FE

£480,000

3 views • 8 months ago • 129 m²

Sold STC

3 Bed House, Single Let, Chichester, PO19 3PQ

£320,000

4 views • 8 months ago • 93 m²

6 Bed House, Single Let, Chichester, PO18 8DW

£795,000

5 views • 6 months ago • 186 m²