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Sompting Road, Lancing

South East

£325,000
Listed on 03/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
878 sqft

Description

This detached two-bedroom bungalow, constructed from non-standard materials, is situated on a generous plot in the desirable area of South Lancing. It presents a significant opportunity for improvement and personalization, making it an ideal project for buyers looking to create a unique living space. The spacious internal layout, which includes a kitchen/breakfast room and a bright sun room that opens onto the garden, signals great potential for modernisation. While the property requires complete refurbishment, it offers ample scope for future development (subject to necessary consents) and expansion given its large south-facing garden measuring approximately 120 feet. Located conveniently close to Lancing village centre and mainline transport links, this bungalow not only provides easy access to local amenities but also allows for a lifestyle that balances both coastal and countryside appeal. This property is set to attract those who envision transforming a blank canvas into their dream home.

Investment Analysis

(BN15 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£370/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£383,374
10% above area average per sq ft
Potential ROI
-0.4%
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
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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
£1,191
Based on a loan of £243,750 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