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See how verdicts work2-bedroom flat · BN15 8AT
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom purpose built top flat flat having viewing of the South Downs and Sea Views.
Briefly the accommodation comprises: communal balcony walkway with private door to: entrance hall, 30’3 lounge/diner, two bedrooms, kitchen, bathroom and wc.
Further benefits included gas central heating and double glazing throughout. The property is in close proximity to the seafront, Lancing Village, Shops, Schools and Amenities.
EPC Rating: D Entrance Hall Double glazed UPVC door. Radiator. Double glazed window to side.
Positive input ventilation system Lounge/Diner 3.3m x 9.22m Double glazed bay window to front with views of the South Downs. Two radiators. Inset ceiling spotlighting.
Kitchen 2.29m x 3.15m Roll edge works surface having inset single draining stainless steel sink with mixer tap and draining board. Space and plumbing for washing machine.
Space for four ring cooker. Space four fridge freezer. Matching range of cupboards, drawers, and eye level wall units. Wall mounted Worcester Combi boiler supplying gas central heating and hot water.
Two double glazed windows. Bedroom One 3.66m x 3.99m Double glazed window. Radiator. Bedroom Two 2.21m x 4.8m Double glazed window. Radiator.
Bathroom White suite comprising panelled bath with mixer tap and shower attachment. Pedestal wash hand basin. Radiator. Double glazed window. WC Close coupled WC. Radiator.
Double glazed window.
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 South Street, Lancing, BN15
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