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See how verdicts work1-bedroom flat · BN15 0BT
For saleListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robert Luff & Co are delighted to present this spacious one double bedroom first floor apartment conveniently located in popular Sompting.
Local shops are available in Test Road and a regular bus service passes close by providing easy access to both Worthing town and Lancing village.
The accommodation briefly comprises: Entrance hall, living room, kitchen, double bedroom and bathroom. Viewing recommended. Communal Front Door Stairs to first floor landing.
Personal Front Door To: Entrance Hall Loft access, storage cupboards, wall mounted electric heater. Lounge (3.66m x 3.66m (12' x 12')) Double glazed window to front, coving.
Kitchen (3.10m x 2.08m (10'2" x 6'10")) Double glazed window to rear, range of fitted wall & base level units, fitted worksurfaces incorporating stainless steel single drainer sink unit with mixer tap, space & plumbing for washing machine, electric cooker point.
Bedroom (3.66m x 2.95m (12' x 9'8")) Double glazed window to front, wardrobe.
Bathroom Double glazed windows, fitted suite comprising: Bath with electric shower over, close coupled WC, wash hand basin.
Lease The seller has advised us of the following: Lease: 88 Years Remaining Service Charge & Ground Rent: £65 per month
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
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FAQ
About 24, Sylvan Road, Lancing
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