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Basin Road, Chichester PO19

South East

£400,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
807 sqft

Description

This pair of three-bedroom semi-detached cottages presents a significant opportunity for those looking to invest in a restoration project. Nestled conveniently on the south side of Chichester, these properties enjoy close proximity to essential transport links, including the mainline railway and bus stations, as well as local amenities like Chichester High School and the picturesque canal basin. Having remained largely untouched for years, both cottages are primed for modernization, offering considerable potential to create charming family homes or lucrative rental properties with thoughtful renovations. Each cottage features an entrance hall, a south-facing sitting room, a kitchen with a walk-in pantry, and a ground-floor bathroom, in addition to three bedrooms upstairs. The outdoor spaces include gardens at the front, side, and rear, shielded by mature hedging for added privacy. Notably, there is vehicular access at the back that presents an excellent opportunity for off-road parking creation. With the right vision and refurbishment effort, these properties could be transformed into highly desirable residences in an attractive location.

Investment Analysis

(PO19 area)

Above Market Value

This property is priced +19.6% above area average per sq ft

+19.6%
This Property
£496/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£372
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£367,818
10% above area average per sq ft
Potential ROI
-24.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PO19)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -5.7%
5 year growth: 9.0%
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

Basin Road, Chichester PO19
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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
£1,465
Based on a loan of £300,000 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