2-bedroom terraced house · BN15 8HB
Sold STCListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented charming terraced house, conveniently situated, offering access to the beach and local amenities and combines comfortable living with modern updates, The property features two bedrooms, a south-facing lounge, dining room, a modern fitted kitchen, and a refitted family bathroom.
Outside, you'll find a low-maintenance rear garden and valuable off-road parking.
Internal From the entrance hall, there is south-facing lounge, providing ample natural light a comfortable space perfect for relaxation.
Adjacent to the lounge, the dedicated dining room offers a clear separation for meals and entertaining, creating a versatile living arrangement.
The modern fitted kitchen is well-appointed with contemporary units and work surfaces, providing a functional and stylish space. Upstairs, there are two well-proportioned bedrooms.
The generous sized refitted family bathroom, features modern fixtures and fittings, including a bath with an overhead shower, a wash hand basin, and a WC.
External To the rear of the property, the low-maintenance garden offers a private outdoor space, ideal for al fresco dining or simply enjoying the outdoors without extensive upkeep.
A significant advantage of this property is the off-road parking, providing valuable convenience.
The property's location offers easy access to the nearby beach, perfect for coastal strolls, and a range of local amenities are also within easy reach.
Location Penhill Road is ideally located in Lancing for accessibility and proximity to the beach, offering opportunities for leisure and recreation.
A variety of local amenities, including shops, cafes, and services, are all conveniently close by, catering to everyday needs.
Excellent transport links are also available, connecting Lancing to surrounding towns and areas.
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 71, Penhill Road, Lancing
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