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Oving Road, Chichester, West Sussex

South East

£250,000
Listed on 12/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
657 sqft

Description

This two-bedroom terrace cottage presents a noteworthy opportunity for renovation in a desirable Chichester location, just a short 10-minute walk from the city center. While the property currently requires modernization, its layout and potential offer an inviting canvas for those looking to invest in enhancements that could significantly increase its value. Inside, the spacious open-plan living and dining area provides a welcoming space that flows seamlessly into the galley kitchen. Beyond the kitchen lies a bathroom, and access to a manageable garden is available at the rear. The first floor accommodates a generous master bedroom alongside a well-proportioned single room, both of which can be reimagined to suit personal preferences or rental needs. The garden, while modest, benefits from afternoon sun—ideal for creating an outdoor retreat during warmer months. This outdoor space adds charm and potential for landscaping projects that could enhance livability or appeal to future tenants. Local amenities are within easy walking distance, offering convenience for everyday needs. Furthermore, recreational sites like The South Downs National Park, Goodwood, and Witterings Beach are just a short drive away, making this location attractive for both residents and vacationers alike. Considering its potential for refurbishment and strategic positioning near key attractions and amenities, this property could serve as an appealing long-term investment. Prospective buyers are encouraged to conduct thorough inspections to assess the myriad opportunities this home has to offer.

Investment Analysis

(PO19 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£381/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£299,921
10% above area average per sq ft
Potential ROI
+3.4%
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

Oving Road, 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
£902
Based on a loan of £187,500 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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