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See how verdicts work2-bedroom property · BN15 8JU
For saleReduced £25k (−11.1%) on 26 OctListed 408 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robert Luff & Co are delighted to bring to market this very well presented GROUND FLOOR TWO BEDROOM RETIREMENT APARTMENT situated in the popular BEACHVILLE COURT DEVELOPMENT with DIRECT ACCESS TO COMMUNAL GARDENS.
Accommodation offers a spacious entrance hall with two large storage cupboards, a bright south facing lounge/diner with double patio doors to the private patio garden, fitted kitchen with sea glimpses, two double bedrooms with fitted wardrobes and covenant shower room.
Other benefits include a communal residents lounge with regular activities and a sociable space to meet other residents, beautiful and well maintained front and rear communal gardens, residents parking and emergency pull cords in each room.
The property has recently benefitted from new carpets flooring and redecoration, is being sold with no ongoing chain and is available to residents over the age 60.
Communal Front Door - Entry phone door leading to: Residents Lounge/Hall - Residents communal lounge with kitchenette & managers office Front Door - Leading to: Internal Hallway - Carpet, electric heater, spacious with two large storage cupboards, doors to: Lounge/Dining Room - 6.93m x 3.23m (22'9 x 10'7) - Carpet, electric heater, electric fire with surround, double glazed patio doors to private patio seating area and direct access to car parking, door to: Kitchen - 2.13m x 2.13m (max) (7'84 x 7 (max)) - range of eye and base level cupboards with built in eye level oven and electric hob over, space for fridge freezer & washing machine, stainless steel sink drainer, double glazed south facing window.
Bedroom One - 4.78m x 2.79m (15'8 x 9'2) - Carpet, electric heater, double glazed window, pull cord, built in wardrobes Bedroom Two - 4.14m x 2.79m (13'7 x 9'2) - Carpet, electric heater, double glazed window, pull cord.
Shower Room - Walk in shower enclosure, low level flush w/c, vanity inset basin, heated towel rail, wall mounted heater Outside - Residents Parking - As and when basis Private Patio Seating Area - Private south facing patio seating area Communal Gardens - Beautiful and well maintained front and rear communal gardens mainly laid to lawn with seating areas, shrubs and trees Agent Notes - We understand that there are 102 years remaining on the 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 Brighton Road, Lancing
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