Church Road, Chichester, West Sussex
Homewise logo

Church Road, Chichester, West Sussex

By Homewise

£ 109,500

Reviews

2 out of 5 stars

Homewise says ..

Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60s could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £109,500 GUIDE PRIC...

Property Oracle says ..

This one-bedroom apartment in Chichester, West Sussex, is marketed as a ‘Home for Life’ lifetime lease property specifically for those aged over 60. The property itself is a modern flat with a contemporary kitchen and bathroom, as depicted in the included photos. It benefits from a balcony, and there is parking. The apartment’s interior shows a well-maintained and updated living space, kitchen and bathroom, presenting itself in good condition overall. The location is reasonably convenient to Chichester city centre and features nearby schools and transport links. The most distinctive feature is its price, which represents a potentially significant discount from market value due to the nature of the ‘Home for Life’ lifetime lease. Potential buyers should carefully consider the implications of this type of ownership structure and whether it suits their needs before purchasing. While the property itself seems well-presented, more information is needed for a complete assessment of the overall value and potential costs associated with the lifetime lease agreement. The absence of precise plot size information and lack of comparable property sales data for similar lifetime lease arrangements prevents a complete assessment of the value for money provided by this listing.

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

Price
6
Condition
7
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
538.19

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Homewise created the listing.

Nearby Schools

NameTypeOfstedDistance
Portfield Primary AcademyAcademy Sponsor LedGood1.00 KM
Chichester Children And Family CentreChildren's Centre1.07 KM
Chichester Nursery SchoolLocal Authority Nursery SchoolGood1.07 KM
Rumboldswhyke Cofe Primary SchoolAcademy Sponsor Led1.23 KM
The March Cofe Primary SchoolAcademy Converter1.54 KM

Images

External Balcony / Terrace Bedroom Lounge/Kitchen Lounge/Kitchen Lounge/Kitchen Lounge/Kitchen External Bathroom Communal Gardens

Nearby Streets

NameAverage PriceAverage SqftDistance
Western Road £ 399,99900.00 KM
Cassia Rd £ 557,50000.00 KM
B2144 £ 220,00000.00 KM
Bankside £ 620,00000.00 KM
Woods Road £ 320,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chichester5255CCH3.10 KM
Fishbourne (Sussex)5261FSB6.71 KM

Nearby Listings

AddressPriceScoreDistance
Church Road, Chichester, West Sussex £ 165,000Unknown0.00 KM
Church Road, Chichester, West Sussex £ 109,5005 / 100.00 KM
Oving Road, Chichester, PO20 £ 285,000Unknown0.12 KM
Oving Road, Chichester, PO20 £ 375,000Unknown0.12 KM
Portfield Place, Chichester £ 154,950Unknown0.15 KM

Nearby Properties

AddressPriceDistance
169 Oving Road £ 207,0000.12 KM
161 Oving Road £ 257,0000.12 KM
177 Oving Road £ 150,0000.12 KM
164 Oving Road £ 209,0000.12 KM
174 Oving Road £ 146,0000.12 KM