# 2 bedroom apartment for sale (GU29 9LZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 5, DUNDEE HOUSE, BEPTON ROAD, MIDHURST, WEST SUSSEX GU29 9LZ |
| Price | £425,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Last sold | £465,000 Sep 2021 |

## Description

This ground floor apartment is one of just sixteen in this thoughtfully planned development, offering comfort, security and companionship in equal measure. This a wonderful opportunity to enjoy independent living within a friendly and supportive community, designed exclusively for the over 60s. Step into a welcoming entrance hall that sets the tone for the light and well-designed accommodation beyond. The modern kitchen features integrated appliances and flows seamlessly into an open-plan living and dining room, the perfect setting for both quiet relaxation and entertaining family and friends. The generous double bedroom provides a peaceful retreat and benefits from a stylish ensuite shower room. Formally two rooms converted to one, it also provides the option to turn back into two double bedrooms if needed. In addition, there is a separate bathroom, offering flexibility and convenience for guests. Being situated on the ground floor, the apartment offers easy access and practicality, ideal for comfortable day-to-day living. This exclusive development has been carefully created to foster a sense of community while maintaining your independence. Residents enjoy access to a welcoming communal living space; perfect for socialising, events or simply relaxing with neighbours. There is a supportive on-site House Manager, providing reassurance and day-to-day assistance. A guest suite is available with ensuite facilities for visiting friends and family

Ideally positioned close to Midhurst town centre, the apartment is within easy reach of local amenities, including Sainsbury’s and a nearby bus stop, making shopping and travel simple and convenient.

**Kitchen / Sitting / Dining Room** (3.65m x 7.6m) 

**Bedroom** (5.55m x 5.82m) 

**Parking - Off street**

## Property Photos

- ![Communal Kitchen](/listings/photos/172774673/414735) - Communal Kitchen
- ![Dundee House](/listings/photos/172774673/414736) - Dundee House
- ![Entrance Hall](/listings/photos/172774673/414738) - Entrance Hall
- ![Courtyard](/listings/photos/172774673/414739) - Courtyard
- ![Communal Lounge](/listings/photos/172774673/414740) - Communal Lounge
- ![Entrance Hall](/listings/photos/172774673/414741) - Entrance Hall
- ![Kitchen](/listings/photos/172774673/414742) - Kitchen
- ![Kitchen](/listings/photos/172774673/414743) - Kitchen
- ![Open Plan Living](/listings/photos/172774673/414744) - Open Plan Living
- ![Bedroom](/listings/photos/172774673/414745) - Bedroom
- ![Bathroom](/listings/photos/172774673/414747) - Bathroom
- ![Bedroom](/listings/photos/172774673/414748) - Bedroom
- ![Walk in Shower Room](/listings/photos/172774673/414749) - Walk in Shower Room
- ![Dundee House](/listings/photos/172774673/414750) - Dundee House

## Floorplans

- ![Ground Floor](/listings/photos/172774673/414751) - Ground Floor

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| DUNDEE HOUSE FLAT 5 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £465,000 | 30/09/2021 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 RUSSELL COURT PETERSFIELD ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9NE | £100,000 | 03/02/2025 | Flat |
| [Same street] DUNDEE HOUSE FLAT 12 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £495,000 | 21/04/2023 | Flat |
| [Same street] DUNDEE HOUSE FLAT 14 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £535,000 | 25/01/2023 | Flat |
| [Same street] DUNDEE HOUSE FLAT 17 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £625,000 | 11/01/2023 | Flat |
| [Same street] DUNDEE HOUSE FLAT 6 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £492,500 | 18/11/2022 | Flat |
| RUSSELL HOUSE FLAT 1 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9NB | £185,000 | 12/10/2022 | Flat |
| 2 FLAT 1 PETERSFIELD ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9JH | £180,000 | 07/09/2022 | Flat |
| 20 RUSSELL COURT PETERSFIELD ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9NE | £77,500 | 28/03/2022 | Flat |
| [Same street] DUNDEE HOUSE FLAT 16 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £317,000 | 18/03/2022 | Flat |
| [Same street] DUNDEE HOUSE FLAT 10 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £490,000 | 12/01/2022 | Flat |
| [Same street] DUNDEE HOUSE FLAT 1 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £225,000 | 20/12/2021 | Other |
| [Same street] DUNDEE HOUSE BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £225,000 | 20/12/2021 | Other |
| [Same street] DUNDEE HOUSE FLAT 8 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £310,000 | 30/11/2021 | Flat |
| 2 THE ROCKERIES, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9JJ | £390,000 | 22/11/2021 | Flat |
| [Same street] DUNDEE HOUSE FLAT 9 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £302,500 | 16/11/2021 | Flat |
| THE OLD COURT HOUSE FLAT 7 GRANGE ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LT | £350,000 | 22/09/2021 | Flat |
| 59 FLAT 2 PETERSFIELD ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9JH | £295,000 | 31/08/2021 | Flat |
| RUSSELL HOUSE FLAT 3 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9NB | £170,000 | 30/07/2021 | Flat |
| [Same street] DUNDEE HOUSE FLAT 15 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £307,000 | 30/06/2021 | Flat |
| [Same street] DUNDEE HOUSE FLAT 1 BEPTON ROAD, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 9LZ | £462,500 | 30/06/2021 | Flat |

**Street average:** £398,875 (12 sales)
**Area average:** £218,438 (8 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £283,056 (9 Flat, GU29, 2024–2026)
- **Deviation:** +50.1%

## Rental Range

*ONS Price Index of Private Rents (Chichester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,190/mo
- **Realistic:** £1,322/mo
- **Optimistic:** £1,454/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Chichester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £947/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Thomond House, GU29 | £2,750/mo | 2 | 0.35 miles | OpenRent |

**Average rent: £2,750/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.65% (weak for cashflow)
- **Max investor price (0.8%):** £343,750
- **Target investor price (1%):** £275,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,750/mo).*

- **Gross yield:** 7.8%
- **Cost-to-rent:** 12.9×
- **Monthly cashflow:** £776/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 6.9%
- **10y growth:** -41.6%

## House Price Index (HM Land Registry)

*Official index for Chichester; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -8.8%
- **5y growth (index):** -5.5%
- **10y growth (index):** 8.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)