Melbourne Road, Chichester
Bell and Blake logo

Melbourne Road, Chichester

By Bell and Blake

£ 125,000

Reviews

2 out of 5 stars

Bell and Blake says ..

A very well presented first floor, one bedroom retirement apartment for the over 60's benefiting from it's own private entrance, stair lift and communal off road parking, located close to Chichester city centre. Access to the property's own front door is through well maintained commun...

Property Oracle says ..

This property is a one-bedroom apartment located in Chichester East, West Sussex. The location offers convenient access to Chichester city centre and its amenities, along with relatively close proximity to several schools and a train station. This increases the property’s appeal, particularly for commuters or those valuing a central location.

Based on the photos provided, the apartment’s condition is fair. While it’s not showing any major signs of disrepair, it would benefit from some modernisation, particularly in the kitchen and bathroom. The decor seems outdated, but the rooms appear adequately sized and functional for a single occupant or a couple.

The property lacks a private garden but does benefit from access to communal green spaces, as shown in the photos. The lack of private outdoor space might be a drawback for some potential buyers.

The listed price appears to fall within the expected range for similar properties in the area, though the lack of comprehensive comparative data makes a definitive value judgement difficult. A potential buyer should carry out a more thorough market research before committing to purchase. The property is likely to appeal to first-time buyers, downsizers, or investors seeking rental income in a convenient location. Potential buyers must independently verify the specific details of the property, which includes requesting a full property survey and conducting relevant searches to understand the specifics and the costs associated with owning the property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
471.46
MarkerMarkerMarkerMarkerMarkerMarkerMarkerMarkerMarker
Leaflet © OpenStreetMap contributors

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
381,111.00 £
Increased by 10.22 %
from 345,774.00 £
Est sale value
214,042.84 £
Increased by 5.34 %
from 203,199.26 £
Average area rental value
1,415.00 £/mo
Increased by 15.70 %
from 1,223.00 £/mo
Est letting value
471.46 £/mo
Unchanged by 0.00 %
from 471.46 £/mo
Est rental Yield
4.46 %
Increased by 5.19 %
from 4.24 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Bell and Blake created the listing.

Nearby Schools

NameTypeOfstedDistance
Chichester Nursery SchoolLocal Authority Nursery SchoolGood0.58 KM
Chichester Children And Family CentreChildren's Centre0.58 KM
Portfield Primary AcademyAcademy Sponsor LedGood0.60 KM
University Of ChichesterHigher Education Institutions0.75 KM
Rumboldswhyke Cofe Primary SchoolAcademy Sponsor Led1.08 KM

Images

Photo 1 Photo 3 Photo 10 Photo 5 Photo 11 Photo 7 Photo 4 Photo 2 Photo 9 Photo 12 Photo 6 Photo 8

Nearby Streets

NameAverage PriceAverage SqftDistance
Riverside £ 125,00000.00 KM
Bridge Road £ 000.00 KM
Bognor Road £ 280,00000.00 KM
Church Square £ 475,00000.00 KM
Jubilee Mews £ 487,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Chichester5255CCH1.76 KM
Fishbourne (Sussex)5261FSB5.15 KM
Bosham5254BOH8.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melbourne Road, Chichester £ 125,000BUY5 / 100.00 KM
Melbourne Road, Chichester, West Sussex, PO19 £ 310,000BUYUnknown0.04 KM
Melbourne Road, Chichester, West Sussex, PO19 £ 90,000BUY5 / 100.05 KM
Melbourne Road, Chichester, West Sussex, PO19 £ 185,000BUY5 / 100.05 KM
Douglas Martin Road, Chichester, PO19 £ 135,000BUY4 / 100.10 KM

Nearby Properties

AddressPriceDistance
56 Melbourne Road £ 125,0000.02 KM
51 Melbourne Road £ 100,0000.02 KM
49 Melbourne Road £ 90,0000.02 KM
43 Melbourne Road £ 135,0000.02 KM
44 Melbourne Road £ 155,0000.02 KM