Worst House on the Street Logo
Chester Avenue, Lancing, West Sussex, BN15 - Image 1
Chester Avenue, Lancing, West Sussex, BN15 - Image 2
Chester Avenue, Lancing, West Sussex, BN15 - Image 3
Chester Avenue, Lancing, West Sussex, BN15 - Image 4
Chester Avenue, Lancing, West Sussex, BN15 - Image 5
Chester Avenue, Lancing, West Sussex, BN15 - Image 6
Chester Avenue, Lancing, West Sussex, BN15 - Image 7
Chester Avenue, Lancing, West Sussex, BN15 - Image 8
Chester Avenue, Lancing, West Sussex, BN15 - Image 9
Chester Avenue, Lancing, West Sussex, BN15 - Image 10
Chester Avenue, Lancing, West Sussex, BN15 - Image 11

Chester Avenue, Lancing, West Sussex, BN15

South East

£400,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
760 sqft

Description

This semi-detached bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential. Located conveniently near both Lancing village and the seafront, this home is ideally situated for easy access to local amenities and coastal recreation. The layout features two spacious bedrooms, providing ample space for comfortable living. The open-plan kitchen and dining area serve as a practical hub of the home, designed to facilitate both daily activities and social gatherings. With some updates, this space could be transformed into an inviting area that reflects your personal style. The living room benefits from a westerly aspect, allowing natural light to fill the space throughout the day. This inviting atmosphere is perfect for relaxation or entertaining guests. The property also includes a modern shower room with WC, designed with convenience in mind, which adds to its overall functionality. One of the key advantages of this bungalow is the off-road parking available for multiple vehicles—an increasingly valuable feature in this sought-after area. Being offered without any ongoing chain enhances its appeal for those looking to move quickly. With its solid foundation and desirable location, this property offers not just immediate comfort but also considerable potential for future enhancements. Whether you are looking to settle down by the coast or seeking an investment opportunity, this bungalow invites you to explore its possibilities and make it your own.

Investment Analysis

(BN15 area)

Above Market Value

This property is priced +32.6% above area average per sq ft

+32.6%
This Property
£526/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£331,850
10% above area average per sq ft
Potential ROI
-21.0%
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

Chester Avenue, Lancing, West Sussex, BN15
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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