Monday 10 November 2014

Buy-to-let deal of the week: 3 bed house in Chichester, £225,000, 4.8% yield

New to the market this week is this 3 bed house in Charles Avenue, on at £225,000.

It is a spacious end of terrace property, with a large living space downstairs and the addition of a conservatory. Upstairs it has 1 good sized double and 2 smaller doubles, which might impact on it's ability to house sharers.

Most likely to appeal to a family, I think it would rent for around £900pcm, giving it a healthy 4.8% yield.

It was last sold in May 2006 for £182,500 meaning it has increased an impressive 23%, even though it was bought not long before the 2007-2008 peak that has only recently been overtaken.

It would benefit from a new kitchen and some general modernisation, but importantly the expensive job of double glazing and gas central heating have already been done.

It's on with Charles Peck and full details can be found on Rightmove via the following link:

chichester buy to let property front

chichester buy to let property kitchen

chichester buy to let property lounge


If you are looking for an agent that is well-establishedprofessional and communicative in Chichester, then contact us to find out how we can get the best out of your investment property.

E-mail me on or call 01243 624 599.

Don't forget to visit the links below to view my previous buy-to-let deals and Chichester Property News articles:

c/o CRJ Lettings, 30B Southgate, Chichester, West Sussex, PO19 1DP

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