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Parklands Road, Chichester

South East

£475,000
Listed on 15/03/2026

Property Details

Bedrooms
3
Type
House
Area
980 sqft

Description

This three-bedroom semi-detached house, located in the desirable Parklands area of Chichester and offered with no onward chain, is a promising investment opportunity. The home features a garage, driveway, and a spacious rear garden, along with a large conservatory that looks out onto the outdoor space. Although the property requires modernisation throughout, it presents significant potential for those looking to create their ideal family residence in proximity to top-tier schools and the city centre. Positioned on a well-regarded residential road, this property stands out for its solid structure and generous layout. The ground floor consists of a bright living room alongside an open-plan dining area that flows into the conservatory. Additionally, there is a separate kitchen and a convenient downstairs W/C. Moving upstairs, you will find three bedrooms—two of which are doubles equipped with built-in wardrobes—and a bathroom along with another WC. The rear garden is currently somewhat overgrown but possesses great potential for landscaping to transform it into an inviting area perfect for family activities or relaxation. The front of the property boasts a driveway suitable for one vehicle and a side garage; there is also potential to extend the driveway to allow parking for an additional car with appropriate permissions. Nestled within an established community, this location offers excellent access to local amenities, parks, transport links, and Chichester city centre. This property not only represents an exciting refurbishment project but also promises to become a wonderful family home once completed.

Investment Analysis

(PO19 area)

Above Market Value

This property is priced +16.8% above area average per sq ft

+16.8%
This Property
£485/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£366
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£447,316
10% above area average per sq ft
Potential ROI
-14.8%
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

Parklands Road, 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
£1,713
Based on a loan of £356,250 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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