Studio flat · BN15 8AE
Let agreedListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Room in shared accommodation. All bills included & furnished. A double bedroom located in a high-end, contemporary HMO which has been finished to an exceptional standard.
Each room is fully furnished and has access to a modern kitchen / social area, as well as three contemporary shower rooms and a garden area, there are a couple of parking spaces which are available on an unallocated basis.
All bills are included within the rent. Available November, viewing highly recommended! Room in shared accommodation. All bills included & furnished.
A double bedroom located in a high-end, contemporary HMO which has been finished to an exceptional standard.
Each room is fully furnished and has access to a modern kitchen / social area, as well as three contemporary shower rooms and a garden area, there are a couple of parking spaces which are available on an unallocated basis.
All bills are included within the rent. Available now, viewing highly recommended! Each room has been furnished with professionals in mind, there is a double bed, wardrobe and desk area.
There are two shower rooms on the ground floor and a further shower room on the first floor.
The kitchen has been designed that every room will have there own cupboard space, as well as cooking facilities and a social seating area.
Furthermore there is a communal garden with artificial grass for low maintenance and two unallocated parking spaces. The rent is inclusive of all bills, each room is single occupancy only.
Any potential tenant will need a UK based guarantor.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Room 3, 15, South Street, Lancing
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