2-bedroom flat · BN15 9PS
Sold STCListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first-floor flat is offered with the rare benefit of a freehold title and a private entrance.
With no ongoing chain, the property presents an excellent opportunity for buyers seeking a smooth and straightforward purchase.
Inside, the accommodation includes two well-proportioned bedrooms and a bright, southerly facing living room that enjoys plenty of natural light throughout the day.
The layout is practical and well balanced, making the flat suitable for both owner-occupiers and investors alike.
The property further benefits from a fitted kitchen, offering ample storage and workspace, alongside a bathroom complemented by a separate WC, adding convenience for everyday living.
The overall arrangement is functional and designed to maximise comfort. Externally, there is a southerly facing front garden, ideal for enjoying sunny weather or light gardening.
Conveniently located close to Lancing village and the train station, the flat offers easy access to local shops, amenities, and transport links, making it a highly desirable and well-connected home.
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 Grand Avenue, Lancing, West Sussex, BN15
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