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Finches Close, Lancing, West Sussex, BN15 - Image 1
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Finches Close, Lancing, West Sussex, BN15

South East

£415,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1144 sqft

Description

This detached bungalow presents a compelling opportunity situated on a corner plot in a desirable neighborhood, perfect for those looking to invest in a property with renovation potential. While some modernization is needed, the layout is spacious and versatile, allowing for various updates that could enhance both functionality and value. Upon entering, you'll find a through living/dining room that radiates natural light, creating a welcoming environment ideal for both relaxation and entertaining. The open-plan design not only maximizes space but also provides an excellent canvas for reimagining the interior to meet your personal style. The two sizable bedrooms offer comfortable accommodation options suitable for individuals or small families seeking either permanent residence or a vacation home. A conveniently located shower room/WC serves the household effectively. The property includes off-road parking capable of accommodating multiple vehicles, which adds significant value and convenience. Additionally, a detached garage presents further possibilities for storage or even the creation of a workshop space. Outdoors, the south-facing rear garden is well-suited for enjoying sunny days, gardening endeavors, or al fresco dining—all while providing a sense of privacy and tranquility away from the hustle and bustle. Located in proximity to both the village center and the coast, this bungalow benefits from its scenic surroundings and community atmosphere. Residents can take advantage of picturesque coastal walks, explore nearby shops and cafes, and enjoy easy access to essential amenities and transport links. Whether you are a first-time buyer eager to personalize your own space or an investor looking for a property with strong renovation prospects, this bungalow offers significant potential to create something truly special in an appealing location.

Investment Analysis

(BN15 area)

Below Market Value

This property is priced -8.6% below area average per sq ft

-8.6%
Potential saving
This Property
£363/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£499,522
10% above area average per sq ft
Potential ROI
+12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN15)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -5.2%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on BN15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Finches Close, Lancing, West Sussex, BN15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,520
Based on a loan of £311,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE