2-bedroom house · BN15 8DH
Listing removedListed 473 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well presented terraced home with two double bedrooms, 25ft living room, sun room and refitted bathroom, the property also benefits from a garage in the compound and being conveniently situated for transport links and amenities.
Internal The front doors opens to the entrance hall with door to the living room and stairs to the first floor.
The 25ft living room is dual aspect being west and east facing and has ample space for lounge and dining furniture and double doors opening to the sun room that provides further seating area and access to the rear garden.
The kitchen has fitted wall and base units with worktops, space for appliances such as washing machine, cooker and fridge freezer and a generous size under stairs cupboard.
On the first floor there are two double bedrooms both benefitting from built in storage, and a refitted family bathroom with panel enclosed bath with mixer tap and electric shower above, vanity unit incorporating button flush W.C, hand wash basin and storage.
External The front garden has been laid to shingle for ease of maintenance with pathway to the front door.
The enclosed rear garden is laid to shingle and slate with floral and shrubs and gated rear access leading to the garage compound.
Situated Brook Way is short walk away from Lancing Village Centre, within half a mile away. With a range of shops, eateries, post office and mainline train station.
Lancing Seafront and Beach Green with the popular Perch Café is nearby approximately 3/4 of a mile from the property. Council Tax Band C
Value & comps
No previous sales on record.
Returns
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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 86, Brook Way, Lancing
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