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Cedar Drive, Chichester

South East

£550,000
Listed on 25/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1109 sqft

Description

This detached two-bedroom bungalow is situated on a desirable corner plot in a sought-after area, just a short distance from the city centre. While the property requires updating, it offers significant potential for improvement and expansion, subject to necessary planning permissions. The rear garden faces south, providing an inviting outdoor space. Additional features include a garage, an adjoining carport, and off-road parking facilities. With no onward chain, this property presents an attractive opportunity for renovators or investors looking to capitalize on its location and possibilities.

Investment Analysis

(PO19 area)

Above Market Value

This property is priced +19.4% above area average per sq ft

+19.4%
This Property
£496/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
£506,868
10% above area average per sq ft
Potential ROI
-15.5%
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
£1,948
Based on a loan of £412,500 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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