3 Bed Bungalow, Refurb/BRRR, Chichester, PO20 1JG, £290,000





ValuationUndervalued
Sold Prices | £265K - £525K |
Sold Prices/m² | £3.3K/m² - £6.1K/m² |
| |
Square Metres | ~123.70 m² |
Price/m² | £2.3K/m² |
Value Estimate | £298,700 |
BMV | 3% |
| |
End Value (After Refurb) | £483,203 |
Uplift in Value | +67% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £72,500 |
Stamp Duty & Legal Fees | £17,700 |
Refurb Costs | £56,929 |
Bridging Loan Interest | £7,613 |
Total Cash In | £156,491 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £483,203 |
Agent Fees (1%) | £4,832 |
Bridging Loan | £217,500 |
Bridging Loan Interest | £7,613 |
Flip Profit | £104,380 |
Local Sold Prices
21 sold prices from £265K to £525K, average is £347.5K. £3.3K/m² to £6.1K/m², average is £4K/m².
Local Rents
50 rents from £100/mo to £4K/mo, average is £1.1K/mo.
Local Area Statistics
Population in PO20 | 32,437 |
Population in Chichester | 75,877 |
Town centre distance | 1.81 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.58 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +7% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Property History
Price changed to £290,000
February 28, 2025
Price changed to £310,000
January 27, 2025
Listed for £350,000
January 7, 2025
Floor Plans

Description
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