![4 bed house, Longacres Way, Chichester, PO20](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWXLjiLN70WFYob2vxs7SheujYQJVUCxP-NVyxQ35ExWSiJscutcdd9d7xStTuvx_xlfUGozu5xsI_PJfAkG5Eoyk3ZMIgOO7Axl8bHBzTt7VdkjAN5mk2oZECyJam75Z0bLUwnZ-hf82p/w640-h428/housefront.png)
![kitchen](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgV5VFqTiZkkF3VJWsYZmdnwSCt_XWnYLOMYPe-5ie2ycnNXLobBgGthAcjOKBFqijmEPEgFBK-Kl8KHtEpwbWzOLgzUyySnjXizPtd8QCqdna_YdNlqbQ48Dy4l1fG8Vpamy80t9PXaQaE/w320-h214/kitchen.png)
![lounge](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizWzE6XXDOjiZLg4RU6_BjZpLqEM8tY8VfBhY0qgKQ8J7JevNwCD3NZ2JBqJp9aiX1mi1iE52PR4Bjf7ks717xEOd7Teql4dLzCLfZ7ihvj88WpjBJZbvoKGHYgr6cQivbAovmT0PRHCj5/w320-h213/lounge.png)
Summary:
4 bed house in Chichester
Listed for sale on 11/05/21 @ £369,995
Rent = £1,500pcm
Yield = 4.9%
4 bed house in Chichester
Listed for sale on 11/05/21 @ £369,995
Rent = £1,500pcm
Yield = 4.9%
This four-bedroom house is on the Shopwyke Lakes development in Chichester and I think offers very good value indeed. That's despite it being relatively expensive at £369,995 compared to most of my buy-to-let picks and it being virtually a new-build. Importantly though, the new-build prices on the site seem much higher than this comparably, whilst this house remains in fantastic condition.
It's also a large property, with four bedrooms (although technically the fourth bedroom is a 'study' due to its small size). And in addition to what you'd expect of a newish build, two of the bedrooms have an en-suite, whilst there's also a good-sized kitchen/diner and neat rear garden.
I'd therefore expect it to rent for £1,500pcm due to its great condition, good size and the limited rental stock on the market currently. That would equate to a very strong 4.9% rental return, from a reasonably new freehold property that requires little to no works to be ready to rent.
The property is on the market with White & Brooks and full details can be found on Rightmove via the following link: https://www.rightmove.co.uk/properties/80164575
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