1-bedroom flat · BN15 8HJ
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover this one bedroom chain free flat in Ryecroft Court, Penhill Road, Lancing.
The property boasts a modern kitchen, residents parking, and a long lease, making it an excellent opportunity for various buyers.
Its prime location provides easy access to the beach, local amenities, and convenient transport links.
internal Accessed via a communal entrance, this well-presented flat offers comfortable living space.
The entrance hall leads into a bright and airy reception room, providing ample space for both living and dining arrangements.
The modern kitchen is thoughtfully designed, featuring contemporary units and sufficient workspace for daily needs. The property includes a well-proportioned bedroom, offering a peaceful retreat.
Completing the internal layout is a functional bathroom. External The property benefits from convenient residents parking, ensuring ease for vehicle owners.
Situated Ryecroft Court is ideally situated in Lancing, offering residents a desirable coastal lifestyle.
The property is within easy reach of Lancing beach, perfect for leisurely strolls and enjoying the fresh sea air.
Local amenities, including shops, eateries, and services, are all conveniently close by. Excellent transport links are also readily accessible, providing connections to surrounding areas and beyond.
Outgoings 147 years remaining Approx £1700 per year service charge
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 Ryecroft Court, 24,Flat 11, Penhill Road, Lancing
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