1-bedroom flat · BN15 8AU
Listing removedReduced £50 (−4.5%) on 3 SepListed 62 days · slow let
Opportunity summary
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About
A well-presented first-floor flat with allocated parking, conveniently situated close to Lancing seafront. The property offers comfortable accommodation with a range of modern features and benefits.
The flat boasts a newly fitted kitchen, providing a modern and practical space for everyday living. There is also a recently installed bathroom with a shower over the bath.
The double bedroom benefits from useful storage, while the newly installed double glazing enhances energy efficiency and helps to reduce external noise.
Electric heating provides additional comfort throughout the property, while a secure entry phone system offers added peace of mind.
The property also benefits from allocated parking, providing convenient off-road parking. Council Tax Band A. EPC Rating C.
Security Deposit: £1,269.23 (based on advertised rental price) Holding Deposit: £253.84 (based on advertised rental price) Council Tax Band: A Additional information Materials used in construction: Ask Agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Lancing is a popular coastal town offering a pleasant blend of seaside living, local amenities and excellent transport connections.
Situated between Shoreham-by-Sea and Worthing, the town benefits from a welcoming community atmosphere and a range of shops, cafés, restaurants and everyday facilities.
Lancing Beach provides a scenic setting for coastal walks and relaxing by the sea, while nearby parks and open spaces offer opportunities to enjoy the outdoors.
Lancing railway station provides convenient rail services along the south coast, with connections towards Brighton, Worthing and London, while the A27 offers easy access to surrounding towns and the wider road network.
With its attractive coastal location, practical amenities and excellent transport links, Lancing is an appealing choice for those looking to enjoy a relaxed seaside lifestyle within easy reach of larger towns and cities.
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 Flat 3, Applesham Court, 140, South Street, West Sussex
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