Affordable city-centre two-bed with parking and long lease for first-time buyers.
40% shared ownership option; full market value £255,000
This contemporary first-floor apartment offers a compact, well-laid-out home in the heart of Chichester, a short walk from the city centre and mainline station. Light-filled open-plan living with an integrated modern kitchen provides practical space for working professionals or buyers seeking low-maintenance city living. The property is offered on a shared ownership basis (40% share available) which makes entry to the local market more affordable; full market value is £255,000 with a 40% share priced at £102,000.
Practical positives include allocated off-street parking, secure communal access, fast broadband and excellent mobile signal, plus a long lease (116 years remaining). Monthly outgoings include a service charge of £230.31 and a shared ownership rent of £405.52 on a 40% share — an important consideration for budgeting. The apartment totals approximately 461 sq ft (four main rooms) with two bedrooms and one bathroom: compact but efficient for city living.
Buyers should note this is leasehold, shared ownership tenure; purchasers must satisfy shared ownership terms and verify lease and service charge details with their solicitor. The apartment’s small overall size and modest room dimensions mean it’s best suited to first-time buyers, couples or professionals rather than a family needing extensive space. Council tax is described as affordable and there is no flooding risk.
Overall, this modern apartment offers a realistic, cost-effective route into Chichester’s desirable city centre market, with strong transport links and nearby amenities. It suits buyers prioritising location, modern finishes and lower upfront purchase cost over expansive living space.
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