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The Bridle Lane, Chichester

South East

£550,000
Listed on 29/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1600 sqft

Description

This detached bungalow presents an exciting opportunity for renovation and investment, featuring three well-proportioned bedrooms and versatile living spaces, all set within a mature garden. Offering ample potential for improvement, this property also includes possibilities for extension or even a loft conversion, subject to obtaining the necessary planning permissions. Upon entering, you are greeted by a spacious entrance hall that provides access to various rooms, including a utility area equipped with plumbing for laundry appliances. The kitchen/breakfast room is functional and includes a range of wall and base units along with built-in cooking appliances. The open-plan sitting/dining room is particularly appealing, boasting two bay windows that allow natural light to flood in while offering lovely views of the garden. French doors lead out to the outdoor space, further enhancing the connection between indoor and outdoor living. The three double bedrooms are thoughtfully designed, with the principal bedroom featuring a walk-in wardrobe and an en-suite shower room, while the second bedroom benefits from built-in storage solutions. A family bathroom completes the interior layout with necessary amenities. Outside, the property is framed by mature hedging providing privacy and curb appeal. The driveway offers off-road parking alongside access to a double garage. The south-facing garden predominantly consists of lawn space interspersed with established shrubs and small trees, creating a tranquil environment. Additionally, there is a courtyard area that provides both convenience and charm. Located in a quiet semi-rural setting between Emsworth and Chichester, this home benefits from proximity to local amenities in Hambrook, which include a village store/Post Office and railway connections to Chichester and Portsmouth. The vibrant cathedral city of Chichester lies about six miles east, offering extensive shopping and leisure options. Just three miles west is Emsworth, known for its picturesque quay along Chichester Harbour—ideal for scenic walks. This property not only serves as a comfortable residence but also offers significant potential for an astute buyer looking to invest in renovations or expansions in this desirable location.

Investment Analysis

(PO18 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£344/sq ft
Area Average
£454/sq ft
Avg Rent (weekly)
£345
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£799,392
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO18)

Area prices are falling by +13.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 6.6%
Investment Disclaimer: Analysis based on PO18 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

The Bridle Lane, Chichester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE