3-bedroom bungalow · BN15 8PT
For saleReduced £10k (−2.4%) on 14 AugListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robert Luff & Co are delighted to present this spacious semi-detached bungalow located in one of South Lancing's most popular positions, just a short walk from the village centre and moments from Lancing beach.
The generous accommodation comprises: Entrance hall, lounge/dining room, kitchen, conservatory, three bedrooms and bathroom.
Outside, there is a West facing rear garden, front garden & private driveway. Viewing essential! Entrance Hall Coving, loft access, 2 radiators.
Lounge/Dining Room (7.01m x 3.81m (23' x 12'6")) Double glazed window to front, feature fireplace surround, coving, radiator.
Kitchen (3.66m x 2.92m (12' x 9'7")) Range of fitted wall & base level units, fitted roll edged work surfaces incorporating single drainer one and a half bowl sink unit with mixer tap, double electric oven, gas hob, space for washing machine.
Conservatory (3.48m x 2.13m (11'5" x 7')) Double glazed windows to rear & side, double glazed door.
Bedroom One (3.89m x 2.97m (12'9" x 9'9")) Double glazed window to front, fitted wardrobe, radiator.
Bedroom Two (3.48m x 2.92m (11'5" x 9'7")) Double glazed window to side, coving, wardrobe, radiator. Bedroom Three (2.90m x 2.87m (9'6" x 9'5")) Double glazed window to rear, coving, radiator.
Wet Room Double glazed windows to rear, shower, close coupled WC, wash hand basin, radiator. Outside West Facing Rear Garden Private Driveway Front Garden
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 9, The Drive, Lancing
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