3 Bed Terraced House, Single Let, Chichester, PO19 7SH, £225,000

154 St. Pancras, Chichester, PO19 7SH - 2 months ago

Auction
BTL
ROI: 6%
87 m²
+8 photos

ValuationUndervalued

Sold Prices£268.5K - £1.0M
Sold Prices/m²£3.5K/m² - £7.8K/m²

 

 

Square Metres

87 m²
Price/m²£2.6K/m²

Value Estimate

£279,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£1,150 - £2,400

Rent Estimate

£1,331

Running Costs/mo

£989

Cashflow/mo

£342

Cashflow/yr

£4,100

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £268.5K to £1.0M, average is £401K. £3.5K/m² to £7.8K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£455K10/230.11 mi14, Peter Weston Place, Chichester, West Sussex PO19 7AP3
£395K11/200.18 mi20, Alexandra Road, Chichester, West Sussex PO19 7LX3
£460K01/210.2 mi36, Caledonian Road, Chichester, West Sussex PO19 7PJ3
£295K06/210.21 mi29, Lewis Road, Chichester, West Sussex PO19 7LZ3
£515K09/230.21 mi1, Lewis Road, Chichester, West Sussex PO19 7LZ3
£1.0M04/230.22 mi6a, North Pallant, Chichester, West Sussex PO19 1TJ3
£315K06/210.22 mi32, Lewis Road, Chichester, West Sussex PO19 7LZ3
£572.5K06/210.23 mi9, New Park Road, Chichester, West Sussex PO19 7XH3
£380K05/210.24 mi10, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£375K01/230.24 mi11, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£420K05/230.24 mi8, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£319.9K01/240.25 mi68, Adelaide Road, Chichester, West Sussex PO19 7NQ3
£470K06/210.25 mi41, Whyke Lane, Chichester, West Sussex PO19 7UT3
£380K05/210.25 mi10, Ormonde Avenue, Chichester, West Sussex PO19 7UX3
£268.5K03/210.26 mi44, Adelaide Road, Chichester, West Sussex PO19 7NF3
£425K06/210.26 mi7, Guilden Road, Chichester, West Sussex PO19 7LA3
£440K10/200.27 mi22, Turnbull Road, Chichester, West Sussex PO19 7LY3
£480K01/210.27 mi20, Lyndhurst Road, Chichester, West Sussex PO19 7PE3
£580K03/210.27 mi7, Barford Road, Chichester, West Sussex PO19 7DP3
£370K06/210.29 mi46, Winden Avenue, Chichester, West Sussex PO19 7UZ3
£320K03/210.29 mi37, Winden Avenue, Chichester, West Sussex PO19 7UZ3
£674K06/210.29 mi10b, South Pallant, Chichester, West Sussex PO19 1SU3
£453K03/210.29 mi221, Whyke Road, Chichester, West Sussex PO19 7AH3
£315K05/210.29 mi17, Ettrick Road, Chichester, West Sussex PO19 7DU3
£610K09/220.3 mi16, Green Lane, Chichester, West Sussex PO19 7NS3
£355K06/210.3 mi32, Bishopsgate Walk, Chichester, West Sussex PO19 6FG3
£495K06/210.31 mi15, Green Lane, Chichester, West Sussex PO19 7NS3
£400K03/210.31 mi49, Green Lane, Chichester, West Sussex PO19 7NP3
£400K09/230.31 mi51, Bishopsgate Walk, Chichester, West Sussex PO19 6FQ3
£375K02/230.32 miFlinders, Joys Croft, Chichester, West Sussex PO19 7NJ3
£415K12/230.32 miOrchard House, Joys Croft, Chichester, West Sussex PO19 7NJ3
£407.5K09/210.32 mi84, Whyke Lane, Chichester, West Sussex PO19 7PD3
£520K08/230.32 mi82, Cleveland Road, Chichester, West Sussex PO19 7AF3
£435K02/240.32 mi7, Cleveland Road, Chichester, West Sussex PO19 7AF3
£402K12/220.33 mi15, Cleveland Road, Chichester, West Sussex PO19 7AF3
£340K09/210.34 mi30, Grove Road, Chichester, West Sussex PO19 8AP3
£336K08/210.34 mi28, Grove Road, Chichester, West Sussex PO19 8AP3
£345K05/210.34 mi47, Grove Road, Chichester, West Sussex PO19 8AP3
£390K06/210.34 mi73, Grove Road, Chichester, West Sussex PO19 8AP3
£344K11/200.36 mi64, Kingsham Road, Chichester, West Sussex PO19 8AH3
£470K09/210.37 mi14, Chapel Street, Chichester, West Sussex PO19 1BU3
£588K12/200.37 mi19, Chapel Street, Chichester, West Sussex PO19 1BU3
£500K06/210.37 mi21, Chapel Street, Chichester, West Sussex PO19 1BU3
£330K03/240.38 mi25, Armadale Road, Chichester, West Sussex PO19 7NR3
£330K07/230.38 mi17, Armadale Road, Chichester, West Sussex PO19 7NR3
£357K12/220.38 mi13, Lime Close, Chichester, West Sussex PO19 6SW3
£335K11/230.38 mi2, Lime Close, Chichester, West Sussex PO19 6SW3
£322K01/230.38 mi22, Lime Close, Chichester, West Sussex PO19 6SW3
£450K03/210.38 mi104, Grove Road, Chichester, West Sussex PO19 8AR3
£510K02/230.38 mi96, Grove Road, Chichester, West Sussex PO19 8AR3

Local Rents

35 rents from £1.1K/mo to £2.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,59507/240.05 miBishops Courtyard3
£2,10007/240.08 miSt Pancras, Chichester3
£2,40009/240.12 miEast Walls Close, Chichester3
£1,15006/240.13 miVelyn Avenue, Chichester3
£1,95008/240.23 mi3 bedroom Terraced House in Chichester3
£1,35008/240.25 miOrmonde Avenue, Chichester, West Sussex3
£1,45008/240.26 miSt Peters, Chichester3
£1,65006/240.28 miNorth Street, Chichester3
£1,79507/240.29 miGreen Lane Chichester PO193
£1,85007/240.31 miFranklin Place Chichester PO193
£1,45006/240.33 miBishopsgate Walk, Chichester3
£1,59506/240.36 miRussell Street, Chichester, West Sussex, PO193
£1,59506/240.36 miSpitalfield Lane, Chichester, PO193
£1,50006/240.37 miSpitalfield Lane Chichester West Sussex PO19 6SG3
£1,40008/240.38 miLime Close, Chichester3
£1,45006/240.42 miArmadale Road, Chichester, PO193
£1,50001/250.43 mi-3
£1,35006/240.44 miHarvester Close, Chichester3
£1,45007/240.46 miOrchard Street Chichester PO193
£1,75010/240.47 mi-3
£1,27506/240.49 miBroyle Road, Chichester3
£1,60007/240.5 miBroyle Road, Chichester3
£1,50007/240.51 miSomerstown, Chichester3
£1,50007/240.51 miSomerstown, Chichester3
£1,45007/240.51 miSomerstown, Chichester, West Sussex3
£1,35011/240.53 mi-3
£1,70007/240.53 miCentral Chichester3
£1,45006/240.56 miOving Terrace, Chichester3
£1,50008/240.57 miLake Road, Chichester3
£1,50007/240.57 miHay Road, Chichester, PO193
£1,40006/240.57 miCavendish Street, Chichester3
£1,65007/240.57 miCavendish Street, Chichester3
£1,40007/240.57 miCavendish Street, Chichester3
£1,65006/240.59 miHenty Gardens, Chichester3
£1,45008/240.59 miKing George Gardens, Chichester3

Local Area Statistics

Population in PO19

30,184

Population in Chichester

75,877

Town centre distance

0.31 miles away

Nearest school

0.30 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+44%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £225,000

February 13, 2025

Floor Plans

Description

  • Sold via Secure online bidding +
  • Immediate 'Exchange of Contracts' available +
  • Grade II listed town house requiring extensive updating +
  • South facing walled courtyard garden and outbuilding +
  • Arranged over four storeys including a cellar +
  • Sitting room and kitchen +
  • Second floor bedroom and bathroom +

Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £225,000 Situated in the heart of the city centre, this Grade II listed town house is just waiting to have renewed life breathed into it. This charming property is arranged over four storeys including a cellar. On the ground floor there is a sitting room and kitchen, while on the first floor there are two bedrooms. A further bedroom and bathroom on the second floor complete the accommodation. The kitchen has a door leading out to a small south facing walled courtyard garden with a brick built out house and an adjacent WC. The property is offered for sale with no onward chain Chichester District Council - 24/25 Tax Band E £2,719.56 From the end of East Street, proceed into the one way system and the property can be found on the right before Kwikfit. what3words.com/hardly.insist.blend Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.  This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.  The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.  The property is being sold via a transparent online auction.  In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.  Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.  A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A nonrefundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.  Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Agent Details

Henry Adams, Chichester

01243 973395

Next Steps?

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