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Itchenor Road, Itchenor, Chichester, West Sussex, PO20

South East

£1,250,000
Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
2196 sqft

Description

Nestled within a desirable harbourside village and set on over half an acre of attractive grounds, this expansive family home presents notable renovation and investment opportunities. The property features a generous single-storey layout with bright rooms and a detached two-storey annexe, ideal for accommodating guests or potential rental income. While the main house boasts a spacious south-west-facing sitting room that flows into a dining area—both opening onto the picturesque garden—the interiors now require updating to unlock their full potential. The kitchen is functional but could benefit from modernization, as well as the three bedrooms, bathroom, and cloakroom, offering substantial scope for enhancement. The annexe offers additional versatility, with its open-plan living space and separate shower room on the ground floor, plus a loft room/bedroom above. This separate accommodation could serve various purposes from guest lodging to an independent work-from-home suite. The extensive gardens are beautifully landscaped but may require attention to refresh their appeal. Situated within walking distance of local amenities, including sailing facilities and charming eateries in Itchenor, this property is in close proximity to cultural hotspots in Chichester, making it an attractive proposition for those seeking a vibrant community lifestyle. With good transport links to London and surrounding recreational activities nearby, this home has the potential to be transformed into a remarkable residence or investment venture.

Investment Analysis

(PO20 area)

Above Market Value

This property is priced +43.0% above area average per sq ft

+43.0%
This Property
£569/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£961,650
10% above area average per sq ft
Potential ROI
-27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO20)

Area prices are rising by +4.9% over the last 12 months
3 year growth: -1.5%
5 year growth: +3.6%
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

Itchenor Road, Itchenor, Chichester, West Sussex, PO20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,460
Based on a loan of £937,500 over 30 years at 3.97% 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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