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

South East

£400,000
Listed on 23/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
846 sqft

Description

This detached bungalow offers a unique opportunity for those looking to invest in a property with significant renovation potential. Located within a tranquil cul-de-sac in the heart of the village, it is conveniently positioned just a short stroll from local amenities and community services. The home features two spacious double bedrooms, with the master bedroom benefiting from patio doors that lead out to a serene rear garden. The living room boasts a square bay window, allowing for ample natural light and creating an inviting atmosphere. The kitchen/breakfast room presents generous space that could be transformed into a modern culinary hub, while the existing bathroom and separate WC provide essential functionality as-is. Additional highlights include gas central heating and double glazing, contributing to the property's comfort. Outside, there is a private driveway with ample space for off-road parking, complemented by an attached garage for further convenience. The rear garden is both secluded and peaceful, complete with a covered veranda that invites relaxation in an outdoor setting. Given its desirable location and layout, this bungalow stands as an excellent blank canvas for buyers eager to make their mark through refurbishment. With easy access to the village centre and its amenities, this property not only offers immediate comforts but also exciting long-term investment potential in an attractive community.

Investment Analysis

(BN15 area)

Above Market Value

This property is priced +19.1% above area average per sq ft

+19.1%
This Property
£473/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Target Value
£369,402
10% above area average per sq ft
Potential ROI
-13.1%
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

Freshfields 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
£1,465
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.

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