Monday 22 September 2014

Buy-to-let deal of the day - 2 bed house in Chichester, £199,950, 5% yield

This 2 bed house in Chichester could prove to be a great investment for someone.

Priced some £25,000 below a similar property that recently sold in the area suggests it offers good value.

It's already in decent condition, with a modern looking kitchen and bathroom plus it has double glazing and gas central heating throughout. It would benefit from a lick of paint though to make it look more appealing inside.

Houses like this are always popular with tenants, so I think you could achieve around £825pcm, providing you with a 5% yield based on the asking price of £199,950. This is very good from a freehold property within Chichester, particularly as you're not having to pay out service charges like you would for a flat.

It also comes with the added bonus of having a garage in a block, which I'd be tempted to rent separately to boost the income, as it already has ample parking on it's own driveway.

It's on with King & Chasemore and full details can be found on Rightmove via the following link:

chichester buy-to-let property


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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