2 Bed Flat, Single Let, Chichester, PO19 6AS, £220,000

Swanfield Drive, Chichester, West Sussex, PO19 6AS - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£123.8K - £450K
Sold Prices/m²£2K/m² - £5.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£247,676
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£995 - £1,500

Rent Estimate

£1,100

Running Costs/mo

£928

Cashflow/mo

£173

Cashflow/yr

£2,070

ROI

3%

Gross Yield

6%

Local Sold Prices

43 sold prices from £123.8K to £450K, average is £242.8K. £2K/m² to £5.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£213K03/210.11 mi47, Bewick Gardens, Chichester, West Sussex PO19 6FS2
£213K03/210.11 mi47, Bewick Gardens, Chichester, West Sussex PO19 6FS2
£210K11/220.11 mi46, Bewick Gardens, Chichester, West Sussex PO19 6FS2
£186.5K10/230.15 mi87, Lennox Road, Chichester, West Sussex PO19 6SZ2
£212.5K03/210.17 mi30, Lennox Road, Chichester, West Sussex PO19 6SY2
£353K03/210.43 mi220, Longley Road, Chichester, West Sussex PO19 6EA2
£260K06/230.43 mi246, Longley Road, Chichester, West Sussex PO19 6EA2
£275K03/230.43 mi4, Stride Close, Chichester, West Sussex PO19 7WX2
£352.5K02/240.44 mi4, Penny Acre, Chichester, West Sussex PO19 6DY2
£217K03/210.45 mi36, Tozer Way, Chichester, West Sussex PO19 7LG2
£250K05/210.47 mi66, Longley Road, Chichester, West Sussex PO19 6DD2
£260K08/230.47 mi138, Longley Road, Chichester, West Sussex PO19 6DD2
£123.8K09/210.53 mi123, St Agnes Place, Chichester, West Sussex PO19 7TY2
£280K03/240.53 mi92, St Agnes Place, Chichester, West Sussex PO19 7TU2
£336K05/230.53 mi65, St Agnes Place, Chichester, West Sussex PO19 7TU2
£369K10/220.55 mi11, St Agnes Place, Chichester, West Sussex PO19 7TN2
£330K05/240.55 mi6, St Agnes Place, Chichester, West Sussex PO19 7TN2
£345K07/230.55 mi31, St Agnes Place, Chichester, West Sussex PO19 7TN2
£242.8K01/210.55 mi2a, Whyke Road, Chichester, West Sussex PO19 7AL2
£213K08/230.57 miFlat 5, Eastgate Court, The Hornet, Chichester, West Sussex PO19 7JX2
£200K01/210.61 miFlat 8, Bayton Court, Velyn Avenue, Chichester, West Sussex PO19 7PA2
£200K01/210.61 miFlat 8, Bayton Court, Velyn Avenue, Chichester, West Sussex PO19 7PA2
£190K12/230.61 miBayton Court, Flat 12, Velyn Avenue, Chichester, West Sussex PO19 7PA2
£355K11/200.62 mi100, Shippam Street, Chichester, West Sussex PO19 1AY2
£238K09/210.63 miFlat 11, Festival Court, Somerstown, Chichester, West Sussex PO19 6AE2
£237K01/230.63 miFlat 17, Festival Court, Somerstown, Chichester, West Sussex PO19 6AE2
£365K02/210.66 miFlat 6, Forbes Place, King George Gardens, Chichester, West Sussex PO19 6LF2
£310K06/210.66 miFlat 23, Forbes Place, King George Gardens, Chichester, West Sussex PO19 6LF2
£450K01/240.66 miFlat 19, Forbes Place, King George Gardens, Chichester, West Sussex PO19 6LF2
£235K12/220.67 miFlat 5, Sharp Garland House, East Walls, Chichester, West Sussex PO19 1EX2
£200K09/210.68 mi156, Winterbourne Road, Chichester, West Sussex PO19 6RS2
£225K03/230.68 mi160, Winterbourne Road, Chichester, West Sussex PO19 6RS2
£262K12/200.69 miFlat 18, Downland Court, Somerstown, Chichester, West Sussex PO19 6AQ2
£380K08/230.71 mi21b, St Johns Street, Chichester, West Sussex PO19 1UP2
£275K03/210.72 miFlat 7, Regnum Court, North Walls, Chichester, West Sussex PO19 1BZ2
£248K06/210.74 mi2b, St Cyriacs, Chichester, West Sussex PO19 1AN2
£270K02/210.75 miFlat, 75a, North Street, Chichester, West Sussex PO19 1LQ2
£212.5K06/230.75 mi5a, Crane Street, Chichester, West Sussex PO19 1LH2
£240K03/230.8 mi1, Orchard Gardens, Chichester, West Sussex PO19 1DG2
£220K12/220.8 mi33, Parchment Street, Chichester, West Sussex PO19 3BX2
£247.5K11/230.81 mi54b, Lyndhurst Road, Chichester, West Sussex PO19 7PE2
£240K10/230.81 mi19, Broyle Close, Chichester, West Sussex PO19 6BG2
£190K07/211 miFlat 27, The Maltings, Henty Gardens, Chichester, West Sussex PO19 3DW2

Local Rents

50 rents from £995/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25008/240 miPeregrine Court Swanfield Drive PO192
£1,10007/240.1 miBewick Gardens, Chichester, PO192
£1,25006/240.1 miBewick Gardens, Chichester, PO192
£1,25007/240.1 mi-2
£1,12506/240.11 mi-2
£1,30008/240.11 miBaxendale Road, Chichester, PO192
£1,10006/240.11 miBewick Gardens, Chichester, PO192
£1,20007/240.11 miBewick Gardens Chichester PO192
£1,19507/240.12 mi-2
£1,27508/240.14 miBaxendale Road, Chichester2
£1,19506/240.14 mi-2
£1,19506/240.14 mi-2
£1,25007/240.14 miBewick Gardens, Chichester2
£1,19506/240.14 mi-2
£1,19506/240.14 mi-2
£1,20012/240.15 mi-2
£1,25007/240.16 miBarnfield Drive, Chichester2
£1,20007/240.18 miLennox Road, Chichester2
£1,35004/250.24 mi-2
£1,20008/240.27 miMelbourne Road, Chichester2
£1,25004/250.29 mi-2
£1,25007/240.32 miMcNeil House, Charlotte Avenue, Rousillon Park, Chichester, PO192
£1,39505/240.32 mi-2
£1,50009/240.33 miUpper Mill Mews, Chichester2
£1,25007/240.35 miSt James` Square, Chichester2
£1,19512/240.39 mi-2
£1,29509/240.42 miLongley Road, Chichester, PO192
£1,15009/240.43 miStride Close, Chichester2
£1,30007/240.43 miStride Close, Chichester, West Sussex, PO192
£1,29507/240.43 miJubilee Road, Chichester PO192
£1,29508/240.45 miVictoria Road, Chichester, West Sussex, PO192
£1,35008/240.45 mi2 bedroom Terraced House in Chichester2
£1,35008/240.45 mi2 bedroom property in Chichester2
£1,25007/240.45 miLongley Road, Chichester, PO192
£1,35007/240.45 miSt James, Chichester2
£1,25008/240.47 miLongley Road, Graylingwell Park, Chichester2
£1,50007/240.47 miGerard Walk, Westhampnett2
£1,40007/240.48 miOving Road, Chichester2
£1,45007/240.49 miOving Road, Chichester2
£99506/240.49 miOving Road, Chichester2
£1,35008/240.52 miFranklin Place, Chichester2
£1,15007/240.53 miSt. Agnes Place, Chichester2
£1,25008/240.53 miSt Agnes Place Chichester PO192
£1,25007/240.53 miSt. Agnes Place Chichester PO192
£1,15006/240.54 mi-2
£1,35006/240.55 mi-2
£1,25007/240.55 miSt Agnes Place Chichester PO192
£1,20006/240.55 miPrice House, Chichester, West Sussex2
£1,35008/240.56 miFlorence Road, Chichester, PO192
£1,29506/240.56 miFairman Road, Westhamptnett, Chichester, PO182

Local Area Statistics

Population in PO19

30,184

Population in Chichester

75,877

Town centre distance

0.82 miles away

Nearest school

0.30 miles away

Nearest train station

1.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+44%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £220,000

February 11, 2025

Floor Plans

Description

Coming fresh to market and being sold with NO FORWARD CHAIN

An ideal first-time buy or investment, this well-presented first-floor flat offers two bedrooms, allocated parking, and a small balcony. Located just a short distance from St Richard's Hospital, the property is perfectly positioned for convenient access to local amenities and transport links. A great opportunity for those seeking a comfortable, low-maintenance home in Chichester.

Agent Details

King & Chasemore, Chichester

020 3872 4877

Next Steps?

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