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Gloucester Way, Chichester

South East

£475,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1022 sqft

Description

This detached three-bedroom home presents a unique opportunity for those seeking a renovation project in the sought-after East Broyle area of Chichester. Although it requires modernization, the potential to create a welcoming family residence is evident throughout its layout and spacious garden. The ground floor features a dual-aspect sitting room that opens to the rear garden via a glazed door, allowing for natural light to flood the space. Adjacent, you'll find a separate dining room and a kitchen with ample room for appliances, complemented by a part-glazed side door that provides access to the outdoors. The practicality of the ground floor is enhanced by a cloakroom and useful understairs storage. Upstairs, you’ll discover a generously sized principal bedroom with dual aspects, alongside two additional bedrooms and a bathroom. This configuration allows for personal touches and modern updates to be infused into each room, further enhancing their appeal. Outside, the property boasts a sizable front garden and driveway capable of accommodating two vehicles along with a garage. The rear garden is primarily laid to lawn and includes mature shrubs, offering an inviting canvas for landscaping or outdoor entertaining. Positioned less than a mile from Chichester’s historic city center, this home benefits from its proximity to reputable schools such as Jessie Younghusband Primary School and Bishop Luffa Secondary School. Residents can easily access Centurion Way, a picturesque walking and cycling route leading into the South Downs National Park—a fantastic setting for outdoor enthusiasts. The vibrant offerings of Chichester's city center are within easy reach, including cultural highlights like The Festival Theatre and Pallant House Gallery. Meanwhile, the serene landscapes of Chichester Harbour and nearby beaches at West Wittering provide attractive recreational options. This property not only serves as an inviting family home but also represents significant investment potential in an area known for its desirable living conditions. With freehold tenure and favorable council tax banding (E), this opportunity invites both visionaries looking to renovate and investors aiming to capitalize on an increasingly popular location.

Investment Analysis

(PO19 area)

Above Market Value

This property is priced +12.2% above area average per sq ft

+12.2%
This Property
£465/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£372
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£465,812
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PO19)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -5.7%
5 year growth: 9.0%
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

Gloucester Way, 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
£1,740
Based on a loan of £356,250 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