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Elm Close, Bracklesham Bay, Chichester

South East

£285,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
893 sqft

Description

This semi-detached bungalow presents a unique investment opportunity in Bracklesham Bay, ideally situated within walking distance to local amenities and the beach. While currently in tidy condition, the property requires comprehensive modernization throughout, making it a perfect project for investors or homeowners looking to add significant value. Spanning 650 sq ft, the layout includes an entrance hall, two bedrooms, a sitting room, a kitchen with space for essential appliances, and a shower room. Externally, there’s off-road parking leading to a detached garage and a rear garden primarily laid to lawn with established borders—ideal for landscaping potential. Nestled in a peaceful cul-de-sac, this property is also poised for growth given its proximity to Chichester and regional attractions such as Goodwood Racecourse and local sailing clubs. This bungalow promises not only to be a delightful home but also an excellent canvas for renovation enthusiasts.

Investment Analysis

(PO20 area)

Below Market Value

This property is priced -19.8% below area average per sq ft

-19.8%
Potential saving
This Property
£319/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£391,054
10% above area average per sq ft
Potential ROI
+20.3%
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

Elm Close, Bracklesham Bay, Chichester
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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
£1,017
Based on a loan of £213,750 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.

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