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Northgate, Chichester, West Sussex

South East

£165,000
Listed on 25/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1141 sqft

Description

This charming Grade II Listed mid-terraced cottage features two bedrooms and is situated in a prime location within Chichester, adjacent to the historic city walls. Previously achieving a rental income of £1,250 per month, this property has shown consistent demand in a desirable cathedral city setting, making it an appealing option for both investors and those looking to occupy. Spread across three levels with a full-width cellar, the cottage is ready for a thorough modernisation project, offering a unique opportunity to add value while preserving its original character. Its central position means that local amenities, including the shopping precinct and cultural attractions like Chichester Cathedral and Festival Theatre, are just a short walk away. With excellent rail links to London and the south coast nearby, this property possesses great potential for future occupants or tenants. Overall, this presents a rare chance to secure a centrally-located period home with documented letting history and ample scope for thoughtful improvements.

Investment Analysis

(PO19 area)

Below Market Value

This property is priced -65.2% below area average per sq ft

-65.2%
Potential saving
This Property
£145/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£520,867
10% above area average per sq ft
Potential ROI
+142.3%
After renovation
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

Northgate, Chichester, West Sussex
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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
£595
Based on a loan of £123,750 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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