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Basin Road, Chichester PO19 - Image 1
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Basin Road, Chichester PO19

South East

£400,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
807 sqft

Description

This is an exceptional opportunity to acquire two three-bedroom semi-detached cottages situated on the south side of Chichester, close to key amenities including the mainline railway station, bus services, and local schools. These properties have not been updated in many years, presenting a substantial chance for renovation and modernization. With the right vision and care, they could be transformed into charming family homes or lucrative rental investments. Each cottage mirrors the other in layout, featuring an entrance hall, a sunlit south-facing sitting room, a kitchen with a walk-in pantry, and a ground-floor bathroom. The first floor accommodates three bedrooms. Both properties are set on generous plots with front, side, and rear gardens equipped with mature hedging that offers privacy. A notable feature is the rear access for vehicles, providing an opportunity for off-road parking which is highly advantageous in this area. The gardens not only face south but also benefit from a pleasant outlook. The cottages are accessed via the shared drive from Basin Road; despite existing signage indicating no entry, West Sussex County Council has confirmed that these properties have vehicular rights of way. Given their proximity to Chichester's vibrant city centre with an array of shopping options, dining establishments, cultural venues such as the Festival Theatre, and outdoor activities at Goodwood and Chichester Harbour, these cottages are ideally positioned for those looking to invest or create a wonderful living space.

Investment Analysis

(PO19 area)

Above Market Value

This property is priced +19.3% above area average per sq ft

+19.3%
This Property
£496/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£338
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£368,839
10% above area average per sq ft
Potential ROI
-26.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PO19)

Area prices are rising by +4.8% over the last 12 months
3 year growth: -3.2%
5 year growth: +12.1%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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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