1-bedroom flat · BN15 8HJ
Listing removedReduced £50 (−4.5%) on 22 JulListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATED CLOSE TO THE SEAFRONT, BUS ROUTES AND TRAIN STATION | We're delighted to offer to let this one double bedroom second floor apartment located in convenient location in Lancing, a short distance to local shops, restaurants and excellent transport links.
INTERIOR Leading from the entrance hall, the property offers a generously sized lounge, spacious double bedroom, a modern fitted kitchen complete with hob and oven, and a contemporary bathroom with a shower over the bath.
Additional features include electric heating and double-glazed windows throughout.
SITUATED Penhill Road is conveniently situated in Lancing, offering easy access to the village centre with its range of shops, cafés and everyday amenities.
Lancing mainline railway station is within reach, providing links along the South Coast and to London.
The seafront and beach are also nearby, while the A27 and A259 make travelling to neighbouring towns and cities straightforward.
PROPERTY INFORMATION The following information is believed to be accurate and is provided in good faith.
EPC rating (provided by GOV): D Council Tax band (provided by GOV): A Parking restrictions (if any): Road parking (permit may be required on which part of the road a car is parked).
Utilities: The property has mains supplied energy, water and sewage. Mobile phone coverage (provided by OFCOM): Good outdoor, variable in home.
Maximum broadband speed (provided by OFCOM): Ultrafast, up to 1000 Mbps.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
FAQ
About Penhill Road, Lancing, BN15 8HJ
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