Studio flat · BN15 8AU
Listing removedListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This newly refurbished spacious studio flat offers a bright and contemporary living space.
The property features a well-proportioned studio room, complemented by a modern fitted kitchen that includes ample storage and workspace.
The stylish bathroom is finished to a high standard, providing a relaxing retreat. Residents will benefit from the convenience of one allocated parking space, ensuring secure parking at all times.
The flat is ideally located close to Lancing train station, making it perfect for commuters, while the seafront and a range of local shops are just a short stroll away.
The property is available now and we invite you to take a look at our virtual tour for a closer view.
Important information regarding this property: Prospective tenants are advised of the following information in relation to this property, which is believe to be accurate and provided in good faith.
Council tax band: A EPC rating (provided by GOV): D Deposit: Equivalent to 5 weeks’ rent. A no deposit option my be available please enquire.
Utilities: Mains supplied electricity, water & sewerage Broadband (provided by OFCOM): up to 1800mbps available.
(source: OFCOM) please check to confirm type and speed Mobile coverage (provided by OFCOM): Indoor: Voice & Data. Outdoor: Voice & Data.
Parking: One allocated parking space EPC Rating: D Kitchen 2.13m x 2.87m Fitted kitchen with a range of base units, integrated oven / hob, integrated microwave, fridge / freezer and washing machine.
Studio Room 4.51m x 5.13m Spacious and bright studio room with storage and airing cupboard.
Bathroom 1.86m x 1.88m Partially tiled bathroom comprising bath with over head shower, WC, hand wash basin and heated towel rail Parking - Allocated parking One allocated parking space
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
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 South Street, Applesham Court, BN15
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