Monday 13 February 2017

BUY-TO-LET DEAL OF THE WEEK: 3 bed house in Chichester, £290,000, 5.0% yield

Waterside Drive, Chichester house
3 bed house in Chichester
Listed for sale on 06/02/17 @ £290,000
Rent = £1,200pcm
Yield = 5.0%
This week's buy-to-let property is on the outskirts of Chichester's city centre, in the popular Little Breach. It offers great potential to refurbish a really good sized property (996 square feet) sited on a nice plot. With double glazing, gas central heating and fantastic sized rooms, a cosmetic overhaul of the property (decoration, flooring, kitchen and bathroom) would really make this an excellent three bedroom home in a great location.

As such, it would rent for around £1,200pcm once refurbished, providing an excellent 5% yield based on paying the full asking price of £290,000 (but not including refurbishment costs). I think it would also add serious value to the property, seeing how other similar properties in the street have sold for £330,000-£350,000.

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

THIS PROPERTY IS UNDER OFFER.  This was released to our newsletter readers on Friday and was such a good property it has gone under offer over the weekend. If you wish to be amongst the first to receive the buy-to-let deals of the week then click here


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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