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Sompting Road, Lancing, BN15 - Image 1
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Sompting Road, Lancing, BN15

South East

£300,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
699 sqft

Description

This three-bedroom detached bungalow offers an excellent opportunity for renovation and investment, appealing to those with a vision for transformation. The property is primed for modernization, allowing new owners to create a contemporary living space tailored to their tastes and needs. The layout includes an open-plan living and dining area that overlooks the rear garden, a functional kitchen equipped with essential appliances, a bathroom, and a separate WC. A standout feature of this property is the generously sized south-facing rear garden, which provides ample outdoor space for relaxation or recreation. The garden boasts a patio area ideal for outdoor dining and entertaining, along with a charming potting shed perfect for gardening enthusiasts. Mature shrubs and trees enhance the natural beauty of the landscape, while the remainder of the garden is neatly maintained with lush lawn areas. At the front of the home, a driveway offers convenient off-road parking, adding practicality for both residents and guests. Situated in close proximity to Lancing Village shops, public transportation links including the train station, and the scenic seafront, this bungalow promises an enviable lifestyle within a desirable community. For investors or those looking to make their mark on a property through renovation, this bungalow presents significant potential to be transformed into an attractive modern residence in an excellent location.

Investment Analysis

(BN15 area)

Above Market Value

This property is priced +8.1% above area average per sq ft

+8.1%
This Property
£429/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£305,215
10% above area average per sq ft
Potential ROI
-10.2%
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

Sompting Road, Lancing, 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
£1,099
Based on a loan of £225,000 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.

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