We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom bungalow · BN15 0JD
For saleReduced £20k (−8.7%) on 7 AugListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a highly sought-after purpose-built development, this rarely available bungalow apartment offers an excellent opportunity for those seeking comfortable, low-maintenance living in a convenient and desirable location.
Benefiting from its own private front door, the property provides a wonderful sense of independence and privacy, rarely found in apartment living.
The bright and spacious accommodation includes a dual-aspect living/dining room, allowing natural light to flood the space throughout the day, creating a warm and welcoming atmosphere.
The well-appointed fitted kitchen offers ample storage and workspace, whilst the generous double bedroom provides comfortable accommodation.
A particular feature of the luxury shower room/WC, finished to a high standard.
Further benefits include direct access to the attractive communal gardens, ideal for enjoying the outdoors, together with communal parking for residents and visitors.
The property is offered for sale with no ongoing chain, ensuring a straightforward purchase process.
Residents can enjoy an excellent range of shopping facilities, including Asda and Co-op superstores, a library, doctors' surgeries, dentists, and a variety of independent retailers catering for everyday needs.
Lancing also offers superb leisure opportunities, from the stunning South Downs National Park to the north, renowned for its breathtaking countryside and coastal views, to the popular Beach Green and Perch restaurant on the seafront, where a range of water sports and recreational activities can be enjoyed.
The area is well served by schools for all age groups, including the prestigious Lancing College, and benefits from excellent transport links, making this an ideal home for first-time buyers, downsizers, or those seeking a peaceful coastal retreat.
Leasehold Unexpired Years: 78 Annual Ground Rent: £150 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £2,200 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Additional information - No gas in the flat/only electricity Materials used in construction: Ask agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Situated in the sought-after village of Sompting, South Lodge enjoys a desirable semi-rural setting on Cokeham Road, offering an attractive balance of countryside surroundings and everyday convenience.
The property is ideally positioned within easy reach of local shops, schools, and amenities in both Sompting and neighbouring Lancing, while excellent transport links via the A27, A259, and Lancing railway station provide convenient access to Brighton, Worthing, and London.
The area is renowned for its picturesque South Downs backdrop, scenic walking and cycling routes, and proximity to the Sussex coastline, making it particularly appealing to families, commuters, and those seeking a relaxed village lifestyle close to both town and country.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 1, South Lodge, Sompting
Explore nearby