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Chandlers Reach, Chichester, PO20

South East

£1,000,000
Listed on 17/04/2026

Property Details

Bedrooms
4
Type
End Of Terrace
Area
1292 sqft

Description

Nestled near the picturesque coastline, this coastal residence presents an exceptional opportunity for those looking to invest in a property with significant renovation potential. The home is part of a well-regarded gated community known for its tranquil atmosphere, offering secure living and easy access to local maritime activities, including membership access to the esteemed Itchenor Sailing Club. Inside, the property features generous spaces that can be reimagined to suit modern living. The impressive open-plan drawing and dining area spans over 21 feet and benefits from natural light through French doors leading to a south-facing garden, providing a seamless connection with outdoor space. A separate reception room offers flexible usage as either a study, snug, or fourth bedroom. While the kitchen boasts classic oak-fronted cabinetry, it holds potential for updates to fit contemporary tastes. The layout also includes a convenient ground floor shower room. On the first floor, three spacious bedrooms are accompanied by two bathrooms, making it ideal for both family life and hosting guests. However, there’s considerable scope for enhancement; plans exist for extending both the ground floor and roof space to create additional living areas that would capitalize on views towards the harbour. With nearby properties having successfully undergone similar transformations, including loft conversions with planning permissions already in place in the vicinity, this home stands out as a compelling investment opportunity for savvy buyers eager to unlock its full potential.

Investment Analysis

(PO20 area)

Above Market Value

This property is priced +94.3% above area average per sq ft

+94.3%
This Property
£774/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£318
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£566,277
10% above area average per sq ft
Potential ROI
-48.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO20)

Area prices are rising by +7.2% over the last 12 months
3 year growth: -1.0%
5 year growth: +4.5%
Investment Disclaimer: Analysis based on PO20 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

Chandlers Reach, Chichester, PO20
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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
£3,542
Based on a loan of £750,000 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.

Stamp Duty Calculator

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