Monday 6 April 2015

BUY-TO-LET DEAL OF THE WEEK: 2 bed house in Chichester, £212,995, 4.8% yield

This is the cheapest two bed house available to buy in Chichester, priced at £212,995.
It is in the popular Charles Avenue part of Chichester, which is sometimes avoided by homeowners and investors due to its stigma as being a less affluent part of Chichester.
Whilst this may be true, and could therefore affect the capital growth you can expect to see from the property, it remains a popular part of town for many due to it's lower cost living from spacious, well-built, houses. As discussed in last week's article, it is also well-placed as a two-bed house in Chichester to benefit from the on-going lack of this type of property in the city.
The property has two good sized bedrooms, an upstairs bathroom, modern kitchen, gas central heating, double glazing and a spacious lounge/conservatory. It also has the benefit of a separate outbuilding in the garden, complete with power and lighting, which is currently being used as an office.
With an achievable rental price of approximately £850pcm, it would provide a 4.8% yield based on paying the full asking price.

Full details can be found on Rightmove via the following link:

chichester buy-to-let house front

chichester buy-to-let house kitchen

chichester buy-to-let house lounge


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If you are looking for an agent that is well-established, professional 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 clive@crjlettings.co.uk 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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