1-bedroom flat · BN15 9BE
For saleReduced £10k (−5%) on 21 JunListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This ground floor charming and beautifully presented one-bedroom apartment offering a fantastic opportunity for first-time buyers, downsizers, or investors alike.
Set within a well-maintained building in the heart of Lancing, this property combines convenience with coastal living — just moments from shops, transport links, and the seafront.
Internal The flat features a bright and comfortable dual aspect living room, ideal for relaxing or entertaining.
A well-designed and modern kitchen provides ample storage and workspace with integrated fridge freezer and washer dryer, while the double bedroom offers a peaceful retreat with plenty of natural light.
The bathroom is fitted with a modern white suite, completing a practical and inviting interior layout that makes excellent use of space.
External Priory Gate is an attractive, purpose-built development with secure communal entrances and well-kept shared areas.
The property benefits from maintained grounds and convenient on-street or allocated parking.
The building is managed by an established company, ensuring the exterior and communal areas remain in good order throughout the year.
Situated Ideally located on North Road in the centre of Lancing, this flat is perfectly placed for easy access to local amenities including supermarkets, cafés, and independent shops.
Lancing train station is just a short walk away, offering direct links to Brighton, Worthing, and London.
The beach and seafront promenade are also close by, providing a wonderful coastal lifestyle with all the conveniences of a well-connected village.
Lease Info: Service charge - £1250 per year Ground rent - £0 Remainder of 999 year lease
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
Agent & docs
FAQ
About Priory Gate,Flat 1, North Road, Lancing
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