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See how verdicts work2-bedroom flat · BN15 9WW
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two-bedroom first floor apartment forms part of a recently converted Georgian building, offering a blend of period character and contemporary living.
The property features an inviting open plan lounge and kitchen, complete with integrated appliances, creating a versatile space ideal for both relaxing and entertaining.
Both bedrooms are generously sized doubles, providing ample space for furnishings and storage. The apartment benefits from a long 999-year lease, ensuring peace of mind for the future.
The building’s historic charm is complemented by modern finishes throughout, with motivated vendors ready to proceed.
Located in the heart of the village, the flat is just a five-minute walk from the station (ideal for commuters) and only two minutes from local shops and amenities.
An allocated parking space with a residents EV charger point is included, catering for the needs of modern living.
The Presbytery sits in attractive communal gardens with a large park behind, whilst being a couple of minutes walk from a range of shops and amenities - the location combines the best of village life with excellent transport links, creating a rare opportunity to enjoy a stylish home in a sought-after setting.
This property is ideal for those seeking a blend of heritage architecture and modern comfort in an extremely convenient position.
EPC Rating: C Open Plan Lounge/Kitchen (6.31m x 4.66m) A bright open plan lounge and kitchen area, fitted with a contemporary kitchen comprising a range of modern fitted wall and base units and drawers and integrated appliances.
Two large windows filling the room with natural light. Master Bedroom (3.6m x 3.6m) A spacious double bedroom with a large sash window.
Bedroom (3.02m x 2.56m) A further spacious double bedroom with a window overlooking the rear garden.
Bathroom (2.17m x 1.44m) A porcelain tiled shower room comprising double width shower cubicle with thermostatically controlled shower, vanity sink unit, WC and underfloor heating.
Communal Garden Landscaped communal garden. Direct pathway access to the parking area. Parking - Allocated Parking An allocated parking space.
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
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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 Flat 5, The Presbytery, Lancing
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