3-bedroom house · BN15 0GN
Listing removedListed 97 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ian Watkins Estate Agents are pleased to offer for let this 3 bedroom semi-detached house in Lancing, featuring: * Three Bedrooms * Downstairs Cloakroom * Kitchen/Dining Room * Master Bedroom With En Suite * Family Bathroom * Double Glazed & gfch * South Facing Rear Garden * Private Driveway & Garage Accommodation comprises: * covered entrance Front door to - * entrance hall Radiator, door to - * lounge: 4.6m x 3.38m (15' 1" x 11' 1") Double glazed window, radiator, coved and flat ceiling, under stairs storage cupboard, door to - * inner hall Door to - * downstairs cloakroom With low level WC, pedestal wash hand basin, radiator, half tiled walls, flat ceiling with spotlights.
* door from inner hall to - * kitchen/dining room: 4.39m x 3.15m (14' 5" x 10' 4") Extending in one corner to 12'8" (Maximum measurements).
Modern fitted kitchen comprising inset 1 1/2 bowl single drainer stainless steel sink unit with mixer tap and cupboards under, plumbing and space for washing machine, space for dishwasher, roll top work surface with cupboards and drawers under with eye level cupboards over, fitted oven with 4-ring gas hob, stainless steel splashback and extractor, space for tall fridge/freezer, part tiled walls, double glazed window overlooking the rear garden, cupboard housing gas fired boiler which supplies domestic hot water and central heating, in the dining area there is two radiators, door giving access to the South facing rear garden.
* from the entrance hall, stairs leading to - * first floor landing Airing cupboard with hot water tank and shelving, radiator, double glazed window, coved and flat ceiling.
* bedroom two: 4.44m x 2.87m (14' 7" x 9' 5") South facing double glazed window, radiator, flat ceiling, built-in wardrobe with shelf and hanging rail.
* bedroom three: 2.79m x 2.46m (9' 2" x 8' 1") Double glazed window, radiator, fitted wardrobe with hanging rail and shelf, flat ceiling.
* family bathroom Comprising modern white suite with bath with twin handgrips, low level WC, pedestal wash hand basin, radiator, half tiled walls, tiled floor, flat ceiling with spotlights, extractor.
* stairs leading to second floor * master bedroom: 3.45m x 3.15m (11' 4" x 10' 4") Double glazed window, eaves storage cupboards, flat ceiling, hatch to loft space, radiator, door to - * en suite dressing area Velux style window, flat ceiling with spotlights.
* en suite shower room Comprising corner shower cubicle, low level WC, pedestal wash hand basin, radiator, part tiled walls, Velux style window, flat ceiling with spotlights.
* outside * south facing rear garden The rear garden is South facing and mainly laid to lawn with flower, plant and shrub borders, paved patio to the front.
* front garden The front garden is laid to lawn with plant and shrub borders. * brick inlay driveway leading to - * garage With up and over door. EPC - C Council Tax - D
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
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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
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FAQ
About 3, Street Barn, Sompting
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