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Tower Road, Sompting, Lancing

South East

£350,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1013 sqft

Description

This three-bedroom semi-detached house offers a unique opportunity for those looking to invest in a property ripe for renovation. Situated in a desirable coastal location, the home requires modernization throughout, making it an ideal blank slate for buyers seeking to tailor their living space to contemporary standards or expand its footprint with appropriate permissions. The layout features a spacious flow, beginning with an entrance hall that leads into a bright front lounge and a separate dining area. The kitchen, positioned to overlook the rear garden, connects well with the internal spaces. Upstairs, there are three generously sized bedrooms along with a family bathroom. Although these areas may need updating, they provide ample room for reconfiguration to meet modern family needs. One of the standout aspects of this property is its expansive rear garden. This outdoor space not only encourages potential landscaping and outdoor living but also opens up possibilities for future development—be it an extension or even a garden studio—pending planning consent. Such features enhance the long-term value of the home and add appeal for future resale or rental. Located conveniently near Lancing village center, residents have access to local shops, cafés, and essential services within walking distance. The nearby seafront offers opportunities for leisure activities and scenic coastal walks. Families will appreciate being close to reputable schools like Seaside Primary and Sir Robert Woodard Academy. Transport links are another major benefit; Lancing railway station provides direct connections to Brighton, Worthing, and London Victoria, while major road networks like the A27 and A259 are easily accessible. This property represents an excellent investment prospect whether you are a first-time buyer eager for a project or an investor aiming to create added value in a sought-after area. With its promising renovation potential and strategic location, this home awaits your creative vision.

Investment Analysis

(BN15 area)

Below Market Value

This property is priced -13.0% below area average per sq ft

-13.0%
Potential saving
This Property
£346/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£442,321
10% above area average per sq ft
Potential ROI
+7.9%
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

Tower Road, Sompting, Lancing
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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
£1,282
Based on a loan of £262,500 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