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Myrtle Crescent, Lancing, West Sussex, BN15 - Image 11

Myrtle Crescent, Lancing, West Sussex, BN15

South East

£300,000

Listed on 23/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
962 sqft

Description

This mid-terraced family home, characterized by its inviting charm, presents a unique opportunity for buyers eager to customize and renovate. Without the complication of an ongoing chain, you can begin your transformation immediately. The property features a robust gas central heating system and uPVC double glazing, ensuring energy efficiency while providing a solid foundation for your personal touch. The ground floor is designed around a bright living room that welcomes natural light, creating an airy atmosphere. The open-plan kitchen/dining area serves as the heart of the home, perfect for both daily family life and entertaining. This space seamlessly extends into a full-width conservatory that overlooks the garden—ideal for additional living space or dining options. A convenient cloakroom on this level enhances its functionality. Upstairs, you will find three bedrooms, which can accommodate family members or serve as versatile spaces such as a home office or guest retreat. A modern bathroom caters to the needs of the household. Outside, the rear garden has been designed with low maintenance in mind, allowing you more time to enjoy rather than manage it. Located close to the village centre and railway station, this property is well-positioned for commuting families seeking convenience alongside potential for enhancement and personalization.

Investment Analysis

(BN15 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£312/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£271
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£413,492
10% above area average per sq ft
Potential ROI
+21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BN15)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -3.3%
5 year growth: +19.0%
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

Myrtle Crescent, Lancing, West Sussex, BN15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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