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Orchard Avenue, Lancing, BN15

South East

£290,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
883 sqft

Description

This three-bedroom terraced house presents a notable opportunity for those interested in a renovation project. Perfect for first-time buyers or investors, the property requires comprehensive modernization, allowing the new owner to infuse their personal style and preferences into every aspect of the home. Upon entry, you are welcomed by a hallway that leads to two spacious reception rooms which offer versatile options for family activities, dining, or entertaining guests. The kitchen is in need of a full refit, providing an exciting chance to create a contemporary culinary space that enhances both aesthetics and functionality. The upper floor features three generously sized bedrooms, each equipped with adequate space for furnishings or even a home office setup. The bathroom also awaits an update, offering a clean slate to install modern fixtures and fittings. Additionally, there is potential for creating rear parking or adding a garage (subject to necessary permissions), increasing practicality for future occupants. The front garden adds charm and contributes positively to the property's overall kerb appeal. This house represents an excellent investment opportunity for those looking to develop a bespoke living space in a desirable residential location.

Investment Analysis

(BN15 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£328/sq ft
Area Average
£396/sq ft
Avg Rent (weekly)
£312
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£384,635
10% above area average per sq ft
Potential ROI
+9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BN15)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -5.2%
5 year growth: +17.0%
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

Orchard Avenue, Lancing, BN15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,500 over 30 years at 4.06% 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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