1-bedroom bungalow · BN15 9BX
Listing removedReduced £20k (−6.9%) on 24 MarListed 298 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-proportioned one bedroom semi-detached bungalow, formerly arranged as a two bedroom home, offering spacious living accommodation and excellent potential to reconfigure if desired.
Positioned in a popular residential location, the property benefits from a bright living room, fitted kitchen, bathroom, sunroom and a good-sized rear garden.
Offered to the market with no onward chain, this home would suit downsizers, first-time buyers or those seeking single-level living with scope to personalise.
Internal The accommodation is arranged around a central hallway providing access to all principal rooms.
The living room is a generous space with ample room for both lounge and dining furniture, featuring large windows that allow plenty of natural light and ventilation to flood the room.
This room could be changed back to incorporate a smaller lounge and then provide a second bedroom, which was the original layout.
The kitchen is fitted with a range of wall and base units, work surfaces and space for freestanding appliances, with a door leading through to the sunroom.
The bathroom comprises a white suite including shower enclosure, wash hand basin and WC, with a window providing natural ventilation.
To the rear, the sunroom offers a versatile additional space ideal as a dining area, seating area or hobby room, with views and access to the rear garden.
External To the front, the property is set back from the road with a garden area providing an attractive approach.
The rear garden is of a good size and offers excellent potential for landscaping, with patio areas, established planting and space for outdoor seating.
The garden provides a pleasant outdoor retreat with scope for improvement. The front garden could be converted to off road parking (subject to usual consents).
Situated – North Farm Road, Lancing North Farm Road is a sought-after residential location in Lancing, conveniently positioned close to local shops, amenities and bus routes.
Lancing village centre and mainline railway station are within easy reach, providing direct links to Brighton, Worthing and London.
The seafront, parks and coastal walks are also nearby, making this an ideal location for those seeking a balance of convenience and lifestyle.
Value & comps
No previous sales on record.
Returns
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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 93, North Farm Road, Lancing
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