Monday 20 February 2023

BUY-TO-LET DEAL OF THE WEEK: 3 bed house in Chichester, £325,000, 4.6% yield

3 bed house, Kensington Road, Chichester

3 bed house in Chichester
Listed for sale on 07/09/22 @ £365,000
Now = £325,000
Rent = £1,250pcm
Yield = 4.6%
Last sold for £325,000 in Dec 2021 (+0% in 1.5 years)

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

Editor's note:

This property is for sale at the same price it was purchased in December 2021, clearly indicating where house prices are currently. It's had a new kitchen and some other works since then too, so in theory prices are actually down in the past 12-18 months. It has been reduced in price by 11% since first being listed five months ago.

No comments:

Post a Comment