2-bedroom terraced house · BN15 9AJ
Listing removedListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EXCELLENTLY PRESENTED CONTEMPORARY HOME IN THE HEART OF THE VILLAGE CENTRE - LARGE PRIVATE DRIVEWAY - VIEWING CONSIDERED ESSENTIAL This excellently presented home, situated on a prime corner position at the heart of the village centre, offers the perfect opportunity for a first-time purchase/starter home.
The property has been meticulously updated, with replastered walls and ceilings throughout and quality floor coverings.
Inside, the home boasts two double bedrooms, an open-plan living/dining area, and a luxurious, refitted kitchen equipped with integrated appliances.
The contemporary bathroom/WC complements the modern feel of the home, while uPVC double glazing and gas central heating ensure comfort and energy efficiency.
Externally, the property features a low-maintenance rear and side garden, ideal for relaxing or entertaining.
A large, block-paved private driveway provides off-road parking for multiple vehicles, adding to the convenience of this superb home.
Located in the very heart of the village centre, the property offers easy access to local amenities, whilst also being just a few hundred yards of the railway station with direct links to both Gatwick Airport and London Victoria, allowing a simple commute and making it an ideal choice for those seeking both comfort and convenience Viewing is highly recommended to fully appreciate the quality and location of this exceptional home.
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 Penstone Park, Lancing, West Sussex, BN15
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