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Derwent Close, Chichester, PO20 2FQ

South East

£400,000
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled in a tranquil cul-de-sac within the desirable village of Tangmere, this four-bedroom link-detached home offers a promising canvas for those looking to invest in a property with substantial renovation potential. The spacious layout spans two floors, providing ample room for modern living while offering an opportunity for customization to fit personal preferences. The ground floor features an inviting entrance hall that leads into a generously sized lounge and a distinct dining area, complemented by a fitted kitchen/breakfast room. Each of these spaces presents possibilities for updates or reconfiguration, allowing you to tailor the environment to your lifestyle. The upper level includes four well-sized bedrooms alongside a family bathroom, making it suitable for growing families or those needing extra space. Outdoors, the property boasts a private rear garden that serves as an ideal retreat or potential area for landscaping projects. Additional conveniences include an integral garage and driveway parking, enhancing the home's practicality. Tangmere itself is known for its strong community atmosphere and accessibility to local amenities. With reputable schools, parks, and shops nearby, residents enjoy both the charm of village life and proximity to the historic city of Chichester. Excellent transport links, including easy access to the A27, facilitate travel along the South Coast and beyond. This property represents an excellent opportunity for buyers interested in creating their dream home through thoughtful renovations or extensions (subject to planning permissions). Whether you’re entering the housing market or seeking additional space in a coveted location, this home provides a unique chance to invest in a family-friendly environment with great long-term potential.

Investment Analysis

(PO20 area)
Area Average
£399/sq ft
Avg Rent (weekly)
£332
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO20)

Area prices are rising by +4.4% over the last 12 months
3 year growth: -2.4%
5 year growth: 7.1%
Investment Disclaimer: Analysis based on PO20 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

Derwent Close, Chichester, PO20 2FQ
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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
£1,465
Based on a loan of £300,000 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