1-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive ground floor flat offers well-presented accommodation with a modern finish, making it an ideal purchase for first-time buyers, professionals or buy-to-let investors.
The property combines a practical layout with contemporary living, creating a comfortable and easy-to-maintain home.
Conveniently positioned close to Lancing train station, the flat is ideally suited to those seeking excellent accessibility for daily commuting and travel further afield.
Upon entering, the property leads through to a welcoming open-plan kitchen and living area, providing a versatile space for both relaxing and entertaining.
The open-plan layout creates a sociable feel, making the most of the available space, while the modern kitchenette offers a stylish and practical area for preparing everyday meals.
The living area provides ample scope for comfortable furnishings, creating a pleasant setting to unwind at the end of the day.
The accommodation further comprises a well-proportioned double bedroom, offering a comfortable and peaceful retreat, alongside a modern bathroom finished in a contemporary style.
Double glazing throughout enhances the overall comfort of the property, making it a practical choice for a range of buyers.
The ground floor position also offers convenient access, adding to the appeal of this well-appointed home.
Externally, the property benefits from an allocated parking space, providing the added convenience of off-road parking.
The location is a particular advantage, with Lancing train station close by, making the property an appealing option for commuters and those who value convenient transport connections.
Offering modern accommodation, allocated parking and a convenient location, this property presents an excellent opportunity for both owner-occupiers and investors alike.
An early viewing is highly recommended to fully appreciate the accommodation on offer.
Tenure Leasehold Unexpired Years: 89 Annual Ground Rent: £10 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service Charge: 30% of overall costs These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Additional information Materials used in construction: Brick No Gas at the property For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Lancing is a popular coastal village in West Sussex, offering an appealing blend of seaside living, local amenities and beautiful surrounding countryside.
The village provides a range of shops, cafés, restaurants and everyday conveniences, alongside a traditional village atmosphere and a shingle beach, perfect for enjoying coastal walks and sea views.
The nearby South Downs National Park offers an abundance of scenic walking and cycling routes, providing an excellent balance between coast and countryside.
Lancing benefits from a mainline railway station, offering services to Brighton and Worthing, with connections towards London, making it an attractive choice for commuters.
Road links are also convenient, with the A27 providing access to the wider Sussex coastline and connections to the A23 and national motorway network.
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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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
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FAQ
About Sompting Road, Lancing
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