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St. James Square, Chichester

South East

£250,000

Listed on 15/09/2026

The listing

Property details

Bedrooms
3
Type
End Of Terrace
Area
646 sqft

Description

This three-bedroom semi-detached house on St James Square presents a unique opportunity for renovation enthusiasts. The property is sold as seen and requires comprehensive refurbishment throughout, making it ideal for those looking to create a home tailored to their specifications or for investors seeking a project with significant potential. Upon entering, you are greeted by an entrance hallway that leads to the main living areas. The living room, located at the front, features a large bay window that floods the space with natural light and boasts a desirable south-facing aspect. Access to the kitchen at the rear is provided from the living room, while a downstairs bathroom completes the ground-floor layout. The first floor comprises three well-proportioned double bedrooms, offering ample space and the potential for reconfiguration to suit future needs, subject to necessary consents. One of the standout features of this property is its large private rear garden, which offers considerable outdoor space and additional potential, complemented by side access for practicality. Conveniently positioned within Chichester, St James Square provides easy access to the historic city center, along with a variety of shops, restaurants, and everyday amenities. Local schools and transport connections are also nearby, with Chichester's mainline railway station facilitating travel to Portsmouth, Brighton, and London. This property is an excellent opportunity for buyers looking for a project with significant potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

46out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house on St James Square offers a significant renovation project with the potential to create a unique family home. The property, priced at £250,000, is currently below the local average at £387/sqf, making it a reasonably priced option for buyers willing to invest in extensive renovation. With a large private garden and a south-facing living room featuring a bay window, there is ample opportunity to enhance the interior layout and modernize the dated spaces throughout.

However, the economics of this project pose a challenge. The combined cost of purchase and renovation, estimated between £100,000 to £150,000, leads to an all-in cost of approximately £375,000, which is significantly above the local average implied value of £262,631. This leaves a tight margin for potential returns and indicates that careful budgeting will be necessary to avoid overspending. While the property presents a solid investment opportunity, prospective buyers should be aware of the financial constraints when planning their renovation efforts.

Key opportunities

  • The large private garden provides potential for landscaping and outdoor living enhancements.
  • Generous room sizes throughout allow for reconfiguration to suit modern living needs.
  • The bay window in the living room invites natural light, enhancing the potential for a bright and welcoming interior.

Key risks

  • Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Factor in roughly £375,000 all-in — £125,000 of works on top of the asking price — roughly 30% above what comparable floor area achieves locally in current condition; we have not assumed a post-renovation resale figure.

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Map

Location

St. James Square, Chichester
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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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