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Oak Avenue, Chichester, West Sussex, PO19 - Image 1
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Oak Avenue, Chichester, West Sussex, PO19 - Image 3
Oak Avenue, Chichester, West Sussex, PO19 - Image 4
Oak Avenue, Chichester, West Sussex, PO19 - Image 5
Oak Avenue, Chichester, West Sussex, PO19 - Image 6
Oak Avenue, Chichester, West Sussex, PO19 - Image 7
Oak Avenue, Chichester, West Sussex, PO19 - Image 8
Oak Avenue, Chichester, West Sussex, PO19 - Image 9
Oak Avenue, Chichester, West Sussex, PO19 - Image 10
Oak Avenue, Chichester, West Sussex, PO19 - Image 11

Oak Avenue, Chichester, West Sussex, PO19

South East

£400,000
Listed on 25/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
728 sqft

Description

This classic bungalow, dating back to the 1950s, is nestled in the highly regarded area of Parklands in Chichester. Positioned on a tranquil residential street, it offers both privacy and accessibility to the city's rich cultural and historical amenities. This two-bedroom property presents a promising canvas for buyers who are looking to undertake renovation work to realize its full potential. The bungalow features a driveway that leads to a garage, suitable for storage or conversion into additional living space like a workshop or home office, though it may not fit modern vehicles comfortably. Inside, you'll find a spacious sitting room at the heart of the home that opens into a small conservatory—an area that may warrant either removal or updating based on personal preference. The layout includes two well-lit bedrooms—one generous double and a cozy single—and a bathroom that calls for refreshing updates. There’s ample opportunity for enhancement through new flooring, kitchen and bathroom fittings, as well as overall redecoration. The property's exterior showcases an expansive south-facing garden; its private nature makes it ideal for outdoor recreation or future landscaping projects. Given the prime location and substantial plot size, this bungalow is an attractive prospect for investors or those aspiring to create their dream home with thoughtful updates in one of Chichester's most sought-after neighborhoods.

Investment Analysis

(PO19 area)

Above Market Value

This property is priced +32.4% above area average per sq ft

+32.4%
This Property
£549/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£366
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£332,292
10% above area average per sq ft
Potential ROI
-23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PO19)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -3.4%
5 year growth: +11.8%
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

Oak Avenue, Chichester, West Sussex, PO19
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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
£1,443
Based on a loan of £300,000 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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