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Racton, Chichester PO18

South East

£1,500,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2173 sqft

Description

Baylys presents a unique investment opportunity with its ensemble of three distinct structures nestled within a serene rural environment, surrounded by substantial flint and brick walls. The property encompasses approximately 2.72 acres, featuring a charming courtyard garden alongside expansive paddocks suitable for equestrian pursuits. Currently, two of the buildings have been modified for residential use, while the third remains as a versatile storage space—this latter building holds considerable promise for transformation into additional living quarters or creative workspaces, contingent on obtaining appropriate planning permissions. The main residence showcases a blend of character and spaciousness, characterized by charming features such as exposed beams and vaulted ceilings. Its layout includes an inviting kitchen/breakfast area with picturesque countryside views and an expansive open-plan living area complete with a log-burning stove. The principal bedroom suite stands out with its airy design and direct access to the courtyard. The second structure not only serves as guest accommodation but also meets the needs of multi-generational living or home offices, equipped with sizeable bedrooms and ample natural light. The surrounding exterior offers meticulous landscaping within a secure courtyard garden, complemented by mature plants and a water feature creating an idyllic retreat. With its separate access to well-fenced paddock land that connects directly to local bridleways, Baylys is especially appealing for outdoor enthusiasts looking to develop or expand their equestrian facilities. In terms of services, the property benefits from mains water and electricity provisions alongside an oil-fired boiler for heating. A sewage treatment system is in place, ensuring efficient waste management. This property not only holds immediate residential appeal but also offers significant potential for enhancement or expansion through renovation projects that could take advantage of existing structures or new builds.

Investment Analysis

(PO18 area)

Above Market Value

This property is priced +52.0% above area average per sq ft

+52.0%
This Property
£690/sq ft
Area Average
£454/sq ft
Avg Rent (weekly)
£345
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,085,674
10% above area average per sq ft
Potential ROI
-33.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO18)

Area prices are falling by +13.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 6.6%
Investment Disclaimer: Analysis based on PO18 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

Racton, Chichester PO18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,495
Based on a loan of £1,125,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE