3-bedroom house · BN15 9JL
Listing removedReduced £50 (−2.9%) on 11 SepListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented three bedroom family home is situated in a popular residential location of Sompting, available now and offered unfurnished.
This well presented three bedroom family home is situated in a popular residential location in Sompting, the property is offered unfurnished and available now.
Internal: Comprising two reception rooms, three good sized bedrooms, modern main bathroom and separate toilet, modern kitchen and large garden with patio area.
As you enter through the front door, you are greeted by a large and bright entrance hall with doors leading to the living room and separate dining room.
Off the living room is a good sized kitchen, upstairs are three good sized bedrooms and the family bathroom. External: With the added benefit of a driveway and large rear garden.
Situated: Located in a popular residential area in Sompting, close to amenities and transport links. Council tax: Band B
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 163, Tower Road, Lancing
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