# 2 bedroom apartment for sale (GU29 0EY) ## Property Details | Key | Value | |-----|-------| | Address | 108, KING EDWARD VII APARTMENTS, KINGS DRIVE, MIDHURST, WEST SUSSEX GU29 0EY | | Price | £1,175,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | D | | Construction age | England and Wales: 2007-2011 | | Floor area | 135 m² | | Last sold | £1,100,000 Feb 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 04/01/2033 - **Current heating cost:** £454/year - **Est. upgrade cost to C:** £4,900 ### Recommendations - O (£3,300 - £6,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0000-2025-5099-2407-2371) ## Description Located in the heart of the spectacular South Downs National Park, the King Edward VII estate offers contemporary luxury living within the timeless landscape of an Area of Outstanding Natural Beauty. The elegant Grade II listed building was originally founded at the beginning of the 20th Century and has been superbly restored to provide elegant spaces to relax and socialise in. Onsite facilities include a gym, swimming pool, 165 acres of private woodland walks and the availability of a guest suite should you need it. The Estate's friendly concierge is also on hand to ensure you feel perfectly at home; he can accept deliveries and offer helpful advice on local activities, among other things. This superb dual-aspect apartment takes up a prominent and prime position in this prestigious development and boasts a marvellous 55ft, south-facing balcony with the most beautiful, elevated views across the iconic Gertrude Jekyll gardens and open countryside to the South Downs beyond. As you enter there is a real sense of charm and grandeur, with an elegant, bright airy entrance hall complemented by tall ceilings, large character windows and a study area. A unique feature is the self-contained kitchen / dining room which is finished off to a high specification and includes integrated appliances, granite worktops and a separate utility room. A large sitting room features two sets of French doors with views and makes for a great space to relax and socialise. There is a family bathroom and two double bedrooms, with the principal bedroom benefitting from built-in wardrobes and a luxury ensuite with walk-in shower and access to the balcony. A viewing is highly recommended to appreciate this unique and special apartment. **Location and Amenities** Built in 1901 and designed to be a tuberculosis hospital, the King Edward VII Sanatorium was officially opened by His Majesty King Edward VII on 6th June 1906, and heralded as one of the three finest hospital buildings of its time. Since then, through expert restoration, the vision has been to create a new and vibrant destination in the centre of a glorious location. Situated three miles away, the thriving town of Midhurst resides on the Surrey and Sussex border. Full of listed buildings, attractive shops and narrow lanes, it's also blessed with charming hotels and restaurants. Discover more extensive havens of choice in nearby Haslemere and Chichester, while neighbouring Petworth has a variety of shops and National Trust parkland. There are plenty of leisure pursuits from walking, cycling and horse riding in the National Park, to golf, shooting and fishing in the historic Cowdray Park. Sailors and theatre-goers will love Chichester, and for racing enthusiasts, glorious Goodwood is within a short drive too. **Hallway** 57'10 (17.63m) x 5'5 (1.65m) **Sitting Room** 22'5 (6.83m) x 20'5 (6.22m) **Kitchen / Dining Room** 16'8 (5.08m) x 16'8 (5.08m) **Utility Room** 6'3 (1.91m) x 5'9 (1.75m) **Bedroom 1** 13'8 (4.17m) x 13'1 (3.99m) **Ensuite Shower Room** **Bedroom 2** 13'1 (3.99m) x 10'9 (3.28m) **Bathroom** **Communal Garden** **Allocated Parking** Two allocated underground spaces - One with an electric charging point **** Details correct: >>2/9/2022 ## Property Photos - ![ (Main)](/listings/photos/126659699/340964) - (Main) - ![Views](/listings/photos/126659699/340965) - Views - ![Kitchen / Dining Roo](/listings/photos/126659699/340966) - Kitchen / Dining Roo - ![Bedroom 1](/listings/photos/126659699/340967) - Bedroom 1 - ![Study](/listings/photos/126659699/340968) - Study - ![Views](/listings/photos/126659699/340969) - Views - ![Entrance Hall](/listings/photos/126659699/340970) - Entrance Hall - ![Sitting Room](/listings/photos/126659699/340971) - Sitting Room - ![Kitchen](/listings/photos/126659699/340972) - Kitchen - ![Dining Area](/listings/photos/126659699/340973) - Dining Area - ![Bedroom 1](/listings/photos/126659699/340974) - Bedroom 1 - ![Ensuite](/listings/photos/126659699/340975) - Ensuite - ![Bedroom 2](/listings/photos/126659699/340977) - Bedroom 2 - ![Bathroom ](/listings/photos/126659699/340978) - Bathroom - ![Balcony](/listings/photos/126659699/340980) - Balcony - ![Dining Hall](/listings/photos/126659699/340983) - Dining Hall - ![Concierge](/listings/photos/126659699/340987) - Concierge - ![Entrance Hall](/listings/photos/126659699/340990) - Entrance Hall - ![Pool](/listings/photos/126659699/341004) - Pool - ![Gym](/listings/photos/126659699/341007) - Gym - ![Chapel](/listings/photos/126659699/341009) - Chapel - ![Communal Gardens](/listings/photos/126659699/341010) - Communal Gardens - ![South Elevation](/listings/photos/126659699/341011) - South Elevation ## Floorplans - ![Other](/listings/photos/126659699/341013) - Other ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | KING EDWARD VII APARTMENTS 108 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £1,100,000 | 20/02/2023 | Flat | | KING EDWARD VII APARTMENTS 108 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £1,025,000 | 25/05/2016 | 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 | |---------|-------|------|------| | KING EDWARD VII APARTMENTS 61 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £230,000 | 11/12/2025 | Flat | | KING EDWARD VII APARTMENTS 42 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £785,000 | 01/10/2025 | Flat | | KING EDWARD VII APARTMENTS 77 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £285,000 | 28/06/2024 | Flat | | KING EDWARD VII APARTMENTS 111 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £565,000 | 05/04/2024 | Flat | | KING EDWARD VII APARTMENTS 91 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £540,000 | 19/09/2023 | Flat | | THE NURSES HOUSE 5 ADAMS WALK, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0FF | £565,000 | 04/08/2023 | Flat | | KING EDWARD VII APARTMENTS 66 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £258,500 | 26/05/2023 | Flat | | KING EDWARD VII APARTMENTS 6 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £320,000 | 12/05/2023 | Flat | | KING EDWARD VII APARTMENTS 12 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £400,000 | 08/03/2023 | Flat | | KING EDWARD VII APARTMENTS 48 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £462,500 | 13/10/2022 | Flat | | KING EDWARD VII APARTMENTS 52 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £237,500 | 12/10/2022 | Flat | | KING EDWARD VII APARTMENTS 102 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £1,250,000 | 28/07/2022 | Flat | | KING EDWARD VII APARTMENTS 99C KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £195,000 | 21/07/2022 | Flat | | KING EDWARD VII APARTMENTS 130 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £550,000 | 08/06/2022 | Flat | | KING EDWARD VII APARTMENTS 23 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £450,000 | 14/04/2022 | Flat | | KING EDWARD VII APARTMENTS 16 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £461,500 | 24/03/2022 | Flat | | KING EDWARD VII APARTMENTS 112 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £725,000 | 18/03/2022 | Flat | | KING EDWARD VII APARTMENTS 4 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £310,000 | 08/03/2022 | Flat | | KING EDWARD VII APARTMENTS 28 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EX | £494,790 | 28/02/2022 | Flat | | KING EDWARD VII APARTMENTS 70 KINGS DRIVE, MIDHURST, CHICHESTER, WEST SUSSEX, GU29 0EY | £310,000 | 11/02/2022 | Flat | **Area average:** £469,740 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £283,056 (9 Flat, GU29, 2024–2026) - **Deviation:** +315.1% ## 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 Penthouse, Adams Walk, GU29 | £1,300/mo | 2 | 0.18 miles | OpenRent | **Average rent: £1,300/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.11% (weak for cashflow) - **Max investor price (0.8%):** £162,500 - **Target investor price (1%):** £130,000 *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 £1,300/mo).* - **Gross yield:** 1.3% - **Cost-to-rent:** 75.3× - **Monthly cashflow:** £-3,482/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -12.3% *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).* ## Price per Square Metre - **£/m²:** £8,704/m² ## 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)