Monday 15 June 2015

BUY-TO-LET DEAL OF THE WEEK: 3 bed house in Chichester, £239,950, 4.9% yield

This seems to be a very good value three bedroom end-of-terrace house on the Arundel Park estate in Chichester.

There are quite a few two beds on this estate that get rented out for around £895pcm and sell for around £200,000-£220,000. You don't see too many three beds here available to rent. Considering for not much more money than a two bed you could buy this house with the extra bedroom, I think it would prove to be a great family home or investment.

It could do with a new kitchen, which would transform the kitchen/diner at the back of the house. Other than that, it seems to be in a very good condition throughout. It also has the all-important double glazing and gas central heating that most tenants look for to reduce their energy bills.

With the rents of three bed houses in Chichester edging up slightly, and the lack of supply on this particular estate, I would expect this to achieve around £975pcm; providing a solid 4.9% rental yield.
Full details can be found on Rightmove via the following link:

*** I notice this property has sold over the weekend. If you'd subscribed to my free weekly newsletter you would've been alerted to this great property deal before it had sold. To receive the newsletter, sign up at ***


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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