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See how verdicts work2-bedroom flat · BN15 0AP
Listing removedListed 382 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Current Incentive - stamp duty paid on selected plots A newly developed and luxurious two bedroom ground floor apartment situated in Sompting Village.
Benefiting from a long lease, allocated parking space, private garden and being offered chain free with an extra incentive stamp duty paid on selected plots.
The property is approached via a communal front door with entry phone system giving access into the communal hallway with access to the ground floor, where the apartment can be found.
The front door gives access into the hallway with doors to all rooms and storage cupboard.
There is a modern fitted kitchen/dining and living area comprising range of eye and base level units, integrated fridge freezer, washer dryer and Neff single oven, induction hob with extractor over and double doors leading out onto the roof terrace.
The bathroom benefits from a fully tiled white suite comprising bath with shower over, wash hand basin with vanity unit beneath and wc.
Both bedrooms are generously proportioned, bedroom one particularly benefitting from a built in wardrobe, storage cupboard and separate en suite comprising fully tiled shower with rainfall shower head, wash hand basin with vanity unit beneath and wc.
External The property benefits from one allocated parking space featuring an EV charging point to the front.
Double doors lead out onto a private garden, On the ground floor to the rear, there is access via steps leading to the raised communal gardens.
Situated Sompting Village is situated less than 2 miles from Lancing's mainline train station and Lancing Village which also offers all types of amenities.
There is a bus route with a frequent service which will take you almost anywhere along the south coast. The school catchment area is Sompting Village Primary and is within walking distance.
If you are travelling a bit further then the A27 is close by making commuting to Worthing, Brighton or even London a breeze. Lease 998 years remaining Council tax band tbc
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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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 2 Knights Gate, Sompting, Lancing
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