3 Bed Semi-Detached House, Refurb/BRRR, Chichester, PO19 8AX, £260,000

74 Kingsham Avenue, Chichester, PO19 8AX - 3 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 2%
85 m²
+10 photos

ValuationFair Value

Sold Prices£280K - £740K
Sold Prices/m²£2.7K/m² - £7.8K/m²

 

 

Square Metres

85.20 m²
Price/m²£3.1K/m²

Value Estimate

£262,600

 

 

End Value (After Refurb)

£361,354

Uplift in Value

+39%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Refurb Costs

£39,528

Bridging Loan Interest

£6,825

Total Cash In

£122,603

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£361,354

Agent Fees (1%)

£3,614

Bridging Loan

£195,000

Bridging Loan Interest

£6,825

Flip Profit

£40,137

Local Sold Prices

50 sold prices from £280K to £740K, average is £417.5K. £2.7K/m² to £7.8K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£415K01/210.05 mi130, Whyke Lane, Chichester, West Sussex PO19 8AS3
£430K11/220.05 mi3, Garland Close, Chichester, West Sussex PO19 8DB3
£437K08/210.07 mi83, Kingsham Avenue, Chichester, West Sussex PO19 8AY3
£520K03/210.11 miTrimmers House, Whyke Road, Chichester, West Sussex PO19 8JG3
£437.5K02/230.11 mi122, Whyke Road, Chichester, West Sussex PO19 8JG3
£440K02/210.11 miDutchmans Cottage, Whyke Road, Chichester, West Sussex PO19 8JG3
£740K10/230.11 miTrimmers House, Whyke Road, Chichester, West Sussex PO19 8JG3
£450K03/210.11 mi104, Grove Road, Chichester, West Sussex PO19 8AR3
£385K09/230.11 mi9, Grove Road, Chichester, West Sussex PO19 8AR3
£510K02/230.11 mi96, Grove Road, Chichester, West Sussex PO19 8AR3
£408K03/210.12 mi14, Old Bakery Gardens, Chichester, West Sussex PO19 8AJ3
£396K01/210.15 mi80, Whyke Road, Chichester, West Sussex PO19 8HU3
£310K11/200.15 mi8, Littlefield Road, Chichester, West Sussex PO19 7AE3
£500K04/230.17 mi43, Willowbed Drive, Chichester, West Sussex PO19 8HX3
£575K04/240.17 mi33, Willowbed Drive, Chichester, West Sussex PO19 8HX3
£595K05/230.17 mi6, Willowbed Avenue, Chichester, West Sussex PO19 8JD3
£407.5K09/210.17 mi84, Whyke Lane, Chichester, West Sussex PO19 7PD3
£315K03/210.18 mi12, Bramber Road, Chichester, West Sussex PO19 8DA3
£336K08/210.18 mi28, Grove Road, Chichester, West Sussex PO19 8AP3
£340K09/210.19 mi30, Grove Road, Chichester, West Sussex PO19 8AP3
£345K05/210.19 mi47, Grove Road, Chichester, West Sussex PO19 8AP3
£390K06/210.19 mi73, Grove Road, Chichester, West Sussex PO19 8AP3
£520K08/230.19 mi82, Cleveland Road, Chichester, West Sussex PO19 7AF3
£435K02/240.19 mi7, Cleveland Road, Chichester, West Sussex PO19 7AF3
£402K12/220.19 mi15, Cleveland Road, Chichester, West Sussex PO19 7AF3
£465K06/210.21 mi22, Willowbed Drive, Chichester, West Sussex PO19 8JB3
£280K03/210.22 mi16, Whyke Close, Chichester, West Sussex PO19 8BB3
£315K06/230.23 mi39, Exton Road, Chichester, West Sussex PO19 8BW3
£480K01/210.24 mi20, Lyndhurst Road, Chichester, West Sussex PO19 7PE3
£525K03/230.24 mi61, Willowbed Drive, Chichester, West Sussex PO19 8HY3
£470K06/210.24 mi41, Whyke Lane, Chichester, West Sussex PO19 7UT3
£315K05/210.26 mi17, Ettrick Road, Chichester, West Sussex PO19 7DU3
£580K03/210.28 mi7, Barford Road, Chichester, West Sussex PO19 7DP3
£380K05/210.28 mi10, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£347.5K07/230.3 mi37, Langdale Avenue, Chichester, West Sussex PO19 8JQ3
£380K05/210.31 mi10, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£375K01/230.31 mi11, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£420K05/230.31 mi8, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£370K06/210.31 mi46, Winden Avenue, Chichester, West Sussex PO19 7UZ3
£320K03/210.31 mi37, Winden Avenue, Chichester, West Sussex PO19 7UZ3
£344K11/200.31 mi64, Kingsham Road, Chichester, West Sussex PO19 8AH3
£460K01/210.33 mi36, Caledonian Road, Chichester, West Sussex PO19 7PJ3
£425K11/210.35 mi146, Bognor Road, Chichester, West Sussex PO19 7TQ3
£375K10/230.35 mi132, Bognor Road, Chichester, West Sussex PO19 7TQ3
£495K06/210.38 mi13, Bognor Road, Chichester, West Sussex PO19 7TF3
£453K03/210.39 mi221, Whyke Road, Chichester, West Sussex PO19 7AH3
£455K10/230.42 mi14, Peter Weston Place, Chichester, West Sussex PO19 7AP3
£370K10/220.46 mi25, Pound Farm Road, Chichester, West Sussex PO19 7PX3
£335K01/210.47 mi15, Windsor Road, Chichester, West Sussex PO19 7XF3
£500K04/230.48 mi39, Pound Farm Road, Chichester, West Sussex PO19 7PU3

Local Rents

15 rents from £1.1K/mo to £2.4K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50007/240.09 miHay Road, Chichester, PO193
£1,65007/240.26 miLangdale Avenue3
£1,35008/240.28 miOrmonde Avenue, Chichester, West Sussex3
£1,50001/250.28 mi-3
£1,15006/240.42 miVelyn Avenue, Chichester3
£1,59507/240.47 miBishops Courtyard3
£1,75010/240.5 mi-3
£2,10007/240.5 miSt Pancras, Chichester3
£1,50008/240.51 miLake Road, Chichester3
£1,59506/240.52 miRussell Street, Chichester, West Sussex, PO193
£1,79507/240.53 miGreen Lane Chichester PO193
£1,95008/240.59 mi3 bedroom Terraced House in Chichester3
£1,45006/240.59 miOving Terrace, Chichester3
£2,40009/240.61 miEast Walls Close, Chichester3
£1,45006/240.62 miArmadale Road, Chichester, PO193

Local Area Statistics

Population in PO19

30,184

Population in Chichester

75,877

Town centre distance

0.70 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+44%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £260,000

January 23, 2025

Floor Plans

Description

  • No Onward Chain +
  • Virtual Tour +
  • Three Double Bedrooms +
  • Private Rear Garden +
  • Close Proximity To Schools +
  • Easy Access To A27 +
  • Walking Distance To Train Station +
  • Council Band C +
  • Freehold +
  • Sold As Seen +

Hancock and Partners presents this three bedroom semi-detached house situated on Kingsham Avenue, Chichester. This property is being offered with no onward chain.

Hancock and Partners presents this three bedroom semi-detached house situated on Kingsham Avenue, Chichester. This property is being offered with no onward chain.

The property comprises of a separate kitchen with access to the side and rear garden. A large living room and study to complete the downstairs. On the first floor you benefit from a modern bathroom and three double bedrooms. The property is in need of modernising and renovating throughout but a perfect project for someone.

Outside you have access to large private rear garden which is patioed to lawn perfect for families and children.

The property is situated on a residential road just to the south east of Chichester's city centre. The city's historic centre offers an enviable selection of bars, restaurants and shops. Chichester is renowned for the highly regarded Festival Theatre, Pallant House Gallery and its close proximity to The Goodwood Estate, famous for both motor car and horse racing. To the south of the city is Chichester Harbour (designated an Area of Outstanding Natural Beauty), and within lies the blue flag beach of West Wittering. Chichester station provides rail links to London via the Victoria Line but also via Havant and the Waterloo Line, the station also links connections right along the south coast.

Additional Information :
Tenure : Freehold
Broadband : Up To 1000mbps
Council Band : C
Council : Chichester

Agent Details

Hancock & Partners Limited, Chichester

01202 145340

Next Steps?

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