Monday 14 November 2016

BUY-TO-LET DEAL OF THE WEEK: 3 bed house in Chichester, £259,950, 4.6% yield

Conduit Mead Chichester House
3 bed house in Chichester
Listed for sale on 02/11/16 @ £259,950
Rent = £995pcm
Yield = 4.6%
This is amongst the cheapest three bed houses currently available to buy in Chichester. It is a good sized home with two double bedrooms and a third smaller single bedroom. Downstairs it has a large living room, a modern kitchen and seperate dining room (I'd have preferred to have seen it as a kitchen / diner due to its size though).

The property is ready to rent, with a wonderful modern kitchen and bathroom and neutral decor throughout. It should do so for around £995pcm; its limiting factor being its location. It's in one of the less affluent areas of Chichester, although that means it's affordable as a family home and it is a popular area for renters as it's near to the hospital.

It also has a driveway alongside the semi-detached house and a great sized rear garden. All in all it is a great family home at the lower end of Chichester's housing market. The most recent three bedroom house on the street sold for £205,000 in December 2012, but that was a mid-terrace without the driveway and not in as nice condition, so a 27% premium in 4 years seems almost justified.

It is on the market with Sims Williams and full details can be found on Rightmove via the following link:


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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