2-bedroom property · BN15 8NZ
Sold STCReduced £10k (−4.5%) on 24 MayListed 238 days
Opportunity summary
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About
Robert Luff & Co are delighted to present this spacious two bedroom park home for the over 50's, enviably located backing onto open fields on the popular Broadway Park.
Widewater Lagoon, nature reserve and beach are just a short walk away and the 700 bus service passes along Brighton Road providing easy access to Shoreham, Brighton, Worthing & beyond.
The generous accommodation comprises: Entrance hall, lounge, dining area, fitted kitchen, two bedrooms with built in wardrobes and a shower room.
Outside, there is a low maintenance rear garden, private driveway and a garage. NO ONWARD CHAIN! Entrance Hall - Double glazed door to side, coats cupboard, wooden flooring, radiator.
Lounge - 5.92m x 3.56m (19'5" x 11'8") - Double glazed windows to front & side, feature fireplace, radiator, wooden flooring.
Dining Room - 3.07m x 2.44m (10'1" x 8') - Double glazed window to side, radiator, wooden flooring.
Kitchen - 4.39m x 2.79m (14'5" x 9'2") - Double glazed door & window to side, range of fitted wall & base level units, fitted roll edged work surfaces incorporating stainless steel single drainer sink unit with mixer tap, electric oven, gas hob & extractor hood, dishwasher, space & plumbing for washing machine, cupboard housing central heating boiler.
Bedroom - 3.40m x 2.90m (11'2" x 9'6") - Double glazed window to side, fitted wardrobes, radiator, wooden flooring.
Bedroom - 2.90m x 2.54m (9'6" x 8'4") - Double glazed window to side, fitted wardrobe & dressing table, wooden flooring.
Bathroom - Double glazed window to side, fitted suite comprising: Shower enclosure, close coupled WC, pedestal wash hand basin.
Outside - Rear Garden - Patio, decked area, outside tap, fenced, backing onto views. Front Garden - Lawn. Private Driveway - For one car. Garage - 6.1 x 2.53 (20'0" x 8'3") - Up & Over Door.
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 The Broadway, Lancing
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