Compact flat with parking and strong rental potential close to theatre and transport.
Chain-free one-bedroom first-floor flat with garage
A one-bedroom, first-floor flat offered chain-free with its own garage and permit parking, positioned within easy walking distance of Chichester city centre and the Festival Theatre. The property totals approximately 484 sq ft, comprises a separate galley kitchen, a living/dining room, double bedroom with built-in wardrobes and a family bathroom. Broadband and mobile coverage are strong, helping short- or long-term letting potential.
The building has a long lease (114 years remaining) and a service charge of £2,532 per annum. The flat is in need of updating throughout — the interior is dated and would benefit from modernisation; heating is via electric storage heaters and the windows are older double glazing. These are practical upgrade points that would add rental value or improve saleability post-refurbishment.
Location is a genuine attraction for investors: the block sits in a cosmopolitan, student-communal area close to shops, bars, and transport links, supporting good tenant demand. Note the local crime level is reported as high; this should be factored into lettings strategy, insurance and security improvements. Overall this is a compact, chain-free investment with clear upside for refurbishment and reliable broadband connectivity.