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Canal Place, Chichester

South East

£295,000
Listed on 20/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
871 sqft

Description

This semi-detached bungalow, set on a generous plot and conveniently located within walking distance of Chichester City Centre, presents an excellent investment opportunity. The property features two spacious double bedrooms, a sitting/dining room, a kitchen equipped with essential units and plumbing for appliances, and a bathroom with classic fixtures. While the home is well-placed for local amenities, including schools, shops, and cultural attractions like the Chichester Festival Theatre, it requires some updating. There is significant potential to extend or reconfigure the space (subject to planning permission), allowing for customization to suit modern living needs. The wraparound gardens offer a mix of lawn and patio areas adorned with mature planting that ensures privacy. This property is ideal for those looking to invest in a versatile family home in a sought-after location.

Investment Analysis

(PO19 area)

Below Market Value

This property is priced -18.4% below area average per sq ft

-18.4%
Potential saving
This Property
£339/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
£397,612
10% above area average per sq ft
Potential ROI
+18.7%
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

Canal Place, 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
£1,064
Based on a loan of £221,250 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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