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Drift Lane, Bosham

South East

£450,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1845 sqft

Description

This detached three-bedroom bungalow, situated in a desirable non-estate area north of Chidham, presents an exciting opportunity for renovation and investment. The property is offered without the burden of a chain, making it ideal for quick acquisition. A long private driveway leads to a generous garage and workshop, adding potential value and functionality. Inside, the dual-aspect living room boasts double glazed windows and a charming stone fireplace that could be enhanced further. The kitchen/dining space provides ample room for modernizing and entertaining, featuring existing cabinetry that may benefit from updating. The well-sized bedrooms offer built-in storage solutions but could also be refreshed to improve appeal. A conservatory at the rear adds another dimension to the living space and connects seamlessly to the outdoor area. With planning permission pending for nearby development, this home not only offers immediate comfort but also investment potential as the surrounding area evolves.

Investment Analysis

(PO18 area)

Below Market Value

This property is priced -45.0% below area average per sq ft

-45.0%
Potential saving
This Property
£244/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£349
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£900,591
10% above area average per sq ft
Potential ROI
+80.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PO18)

Area prices are falling by -3.5% over the last 12 months
3 year growth: +4.0%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on PO18 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

Drift Lane, Bosham
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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
£1,623
Based on a loan of £337,500 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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