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Oving Road, Chichester

South East

£795,000
Listed on 26/09/2025

Property Details

Bedrooms
6
Type
Detached house

Description

Located at the intersection of Oving Road and St James's Road, this property is positioned close to the historic heart of Chichester, giving it great potential for an investor or renovator. The area benefits from accessible transport links, including local bus services and Chichester mainline rail station, which connects to major cities like Brighton, Portsmouth, and London Victoria. This collection of six flats offers a combined living space of approximately 290 sqm and numerous options for refurbishment. Each flat features essential amenities along with communal gardens and allocated parking spaces at the rear, adding to their appeal. Given their current condition and layout, there is significant opportunity for modernisation or reconfiguration to enhance rental income or resale value. The prospective buyer should consider how best to redevelop these units to maximize return on investment in a desirable location.

Investment Analysis

(PO19 area)
Area Average
£415/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PO19)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -5.4%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on PO19 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Oving Road, Chichester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,867
Based on a loan of £596,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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