4-bedroom bungalow · BN15 0LP
Sold STCReduced £25k (−5.6%) on 8 SepListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robert Luff & Co are delighted to offer this spacious and well presented semi-detached chalet bungalow, enviably located backing onto the South Downs National Park in North Sompting.
The generous accommodation briefly comprises: Entrance hall, two double ground floor bedrooms, ground floor bathroom, fitted kitchen, impressive extended lounge/dining room with wood burning stove, first floor landing master bedroom with stunning sea and down-land views, further bedroom and shower room.
Outside, there is a good size rear garden with gate accessing the South Downs, timber outbuilding with power /light & ample off street parking to the front. Viewing essential!
Entrance Hall Bedroom (3.18m x 2.97m (10'5" x 9'9")) Bedroom (3.51m x 2.95m (11'6" x 9'8")) Kitchen (3.45m x 2.18m (11'4" x 7'2")) Bathroom Lounge/Dining Room (7.65m x 3.48m narrowing to 2.95m (25'1" x 11'5" na) First Floor Landing Primary Bedroom (4.88m x 3.66m (16' x 12')) Bedroom Two (2.67m x 2.54m (8'9" x 8'4")) Shower Room Outside Rear Garden Gate onto South Downs Timber Outbuilding With power & light Parking To front.
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 121, Howard Road, Lancing
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