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Drift Lane, Bosham PO18

South East

£400,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1845 sqft

Description

This three-bedroom detached bungalow, situated in a desirable non-estate area of Chidham, presents an excellent opportunity for renovation and investment. The property features a long private driveway and an expansive garage/workshop, adding significant functional value. Inside, the bright dual-aspect living room is complemented by a traditional stone fireplace, offering potential for modern updates while retaining character. The kitchen/dining area provides ample space for reconfiguration or renovation to create a more contemporary layout. Each of the three double bedrooms is generously sized and benefits from built-in storage options, though they could use some modernization. The bathroom includes both a bath and a separate shower cubicle, highlighting the potential for improved design aesthetics. Additionally, the conservatory opens into the garden and connects internally to the substantial garage/workshop area, which can be transformed into additional living space or utility areas. With planning permission in progress for new housing adjacent to the property, this location signals future growth potential, making it an ideal candidate for investors seeking to capitalize on property appreciation in a peaceful village setting.

Investment Analysis

(PO18 area)

Below Market Value

This property is priced -51.0% below area average per sq ft

-51.0%
Potential saving
This Property
£217/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£354
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£897,749
10% above area average per sq ft
Potential ROI
+99.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO18)

Area prices are rising by +11.9% over the last 12 months
3 year growth: +15.8%
5 year growth: +22.6%
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

Drift Lane, Bosham PO18
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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.

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