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Cedar Drive, Chichester

South East

£600,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
929 sqft

Description

This detached two-bedroom bungalow presents a substantial opportunity for renovation in a highly desirable location just minutes from the city centre on the west side. The layout includes an entrance hallway, a kitchen/dining area, and a sitting room that opens onto the garden, making it ideal for creating an inviting living space. Both bedrooms are generously sized, with the master featuring an ensuite and an additional family bathroom accessible from the second bedroom. Notably, the property also offers two driveways and a detached garage, providing ample parking and storage options. While the bungalow currently requires updating, it harbours great potential to be transformed into a wonderful home or investment property. Shown as EPC D and falls under Council Tax band E.

Investment Analysis

(PO19 area)

Above Market Value

This property is priced +55.4% above area average per sq ft

+55.4%
This Property
£646/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£338
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£424,599
10% above area average per sq ft
Potential ROI
-34.7%
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
8%
Properties sold annually

Local Market Trend (PO19)

Area prices are rising by +4.8% over the last 12 months
3 year growth: -3.2%
5 year growth: +12.1%
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

Cedar Drive, Chichester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% 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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